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8 Units | Uptown Whittier | 1 of 6 Listings 7723 Milton Ave 8 Unit Apartment Building $2,100,000 ($262,500/Unit) Whittier, CA 90602

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Investment Highlights

Opportunity to acquire a well-positioned asset in the highly desirable Uptown Whittier submarket
Desirable unit mix of three 2-bedroom/1-bath units and five 1-bedroom/1-bath units | potential for ADU development (buyer to verify)
On-site laundry, dedicated parking, controlled access entry, and separately metered gas and electricity

8-unit apartment building located within walking distance of the shops, dining, and entertainment along Greenleaf Ave
Strong in-place income and clear rental upside potential, the asset presents an attractive value-add opportunity
Property is only subject to California AB 1482 and is not governed by local rent control

Executive Summary

We are pleased to present for sale Property 1 of 6 within a newly launched 47-unit multifamily portfolio, offering investors the opportunity to acquire a well-positioned asset in the highly desirable Uptown Whittier submarket. The subject property is an 8-unit apartment building located within walking distance of the shops, dining, and entertainment along Greenleaf Avenue, one of the area's most vibrant retail corridors. The property features a desirable unit mix of three 2-bedroom/1-bath units and five 1-bedroom/1-bath units, appealing to a broad tenant base and supporting stable occupancy. With strong in-place income and clear rental upside potential, the asset presents an attractive value-add opportunity. Additional features include on-site laundry, dedicated parking, controlled access entry, and separately metered gas and electricity, helping to streamline operations and reduce expenses. The property also offers potential for ADU development (buyer to verify), providing an additional avenue for income growth. With a Walk Score of 83 ("Very Walkable"), tenants benefit from convenient access to nearby amenities, enhancing long-term demand. The asset is subject to California AB 1482 and is not governed by local rent control, offering a more predictable regulatory environment. As part of a 6-property portfolio, this opportunity provides flexibility for investors seeking either a single acquisition or a larger portfolio investment, combining stable current cash flow with long-term appreciation potential. Properties do not have to be sold together. ** Check out the property video link.** Please do not walk on the property, do not disturb or engage tenants regarding the property. *Laundry room machines (washer/dryer) are owner owned and are coin-operated machines. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email agent. No showing appointments, all access is via offer subject to inspection. Please do not contact occupants, do not walk on property, drive by only.

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$159,240	$29.26
Other Income	$1,200	$0.22
Vacancy Loss	$4,813	$0.88
Effective Gross Income	$155,627	$28.60
Taxes	$27,874	$5.12
Operating Expenses	$25,677	$4.72
Total Expenses	$53,551	$9.84
Net Operating Income	$102,076	$18.76

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$159,240
Annual Per SF	$29.26

Other Income
Annual	$1,200
Annual Per SF	$0.22

Vacancy Loss
Annual	$4,813
Annual Per SF	$0.88

Effective Gross Income
Annual	$155,627
Annual Per SF	$28.60

Taxes
Annual	$27,874
Annual Per SF	$5.12

Operating Expenses
Annual	$25,677
Annual Per SF	$4.72

Total Expenses
Annual	$53,551
Annual Per SF	$9.84

Net Operating Income
Annual	$102,076
Annual Per SF	$18.76

Property Facts

Price	$2,100,000	Lot Size	0.17 AC
Price Per Unit	$262,500	Building Size	5,442 SF
Sale Type	Investment	Average Occupancy	87%
No. Units	8	No. Stories	2
Property Type	Multifamily	Year Built	1963
Property Subtype	Apartment	Parking Ratio	1.47/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	WHR4*

Price	$2,100,000
Price Per Unit	$262,500
Sale Type	Investment
No. Units	8
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.17 AC
Building Size	5,442 SF
Average Occupancy	87%
No. Stories	2
Year Built	1963
Parking Ratio	1.47/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	WHR4*