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Investment Highlights

  • Great opportunity to acquire a well-located asset in the heart of Uptown Whittier
  • Featuring a functional and attractive unit mix of four 2-bedroom/1-bath units and one 3-bedroom/2-bath unit
  • Potential for ADU development (buyer to verify) | SB721 compliance has already been addressed
  • 5-unit apartment building is ideally positioned just steps from the shops, dining, and entertainment along Greenleaf Ave
  • Dedicated parking, on-site laundry, and separately metered gas and electricity, contributing to efficient management and reduced operating expenses
  • Subject only to California AB 1482, with no local rent control restrictions

Executive Summary

We are proud to present for sale Property 2 of 6 within this newly released 47-unit multifamily portfolio, offering investors the opportunity to acquire a well-located asset in the heart of Uptown Whittier. This 5-unit apartment building is ideally positioned just steps from the shops, dining, and entertainment along Greenleaf Avenue, placing it in one of the area's most desirable and walkable rental neighborhoods. Offered for the first time in over five years, the property represents a rare opportunity in a tightly held submarket. The asset features a functional and attractive unit mix of four 2-bedroom/1-bath units and one 3-bedroom/2-bath unit, appealing to a wide tenant base and supporting long-term occupancy. The property demonstrates clear pride of ownership, with multiple recent upgrades enhancing both its condition and tenant appeal. Additional amenities include dedicated parking, on-site laundry, and separately metered gas and electricity, contributing to efficient management and reduced operating expenses. A rear unit with private access and an outdoor area further enhances rental desirability. The property also offers potential for ADU development (buyer to verify), providing an opportunity to increase future income. SB721 compliance has already been addressed, and the asset is subject only to California AB 1482, with no local rent control restrictions. This investment presents a compelling combination of stable in-place income and long-term upside potential in a high-demand rental market, with the added flexibility to acquire as an individual asset or as part of the broader 6-property portfolio. Properties do not have to be sold together. ** Check out the property video link.** Please note, that per the LA County Assessor, the bedroom and bathroom count is a total of 5 bedrooms and 5 bathrooms, buyer to verify. All 5 units are occupied, so 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 the 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 $132,360 $42.55
Other Income $1,200 $0.39
Vacancy Loss $4,007 $1.29
Effective Gross Income $129,553 $41.64
Taxes - -
Operating Expenses - -
Total Expenses $39,298 $12.63
Net Operating Income $90,255 $29.01

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $132,360
Annual Per SF $42.55
Other Income
Annual $1,200
Annual Per SF $0.39
Vacancy Loss
Annual $4,007
Annual Per SF $1.29
Effective Gross Income
Annual $129,553
Annual Per SF $41.64
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $39,298
Annual Per SF $12.63
Net Operating Income
Annual $90,255
Annual Per SF $29.01

Property Facts

Price $1,625,000
Price Per Unit $325,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 3,111 SF
Average Occupancy 80%
No. Stories 2
Year Built 1954
Parking Ratio 2.89/1,000 SF
Opportunity Zone Yes
Zoning WHR4 - Heavy Multiple-Family Residential

Amenities

Unit Amenities

  • Balcony

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,093 623
3+2 1 $2,750 616
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
8141-022-019
Land Assessment
$887,593
Improvements Assessment
$730,641
Total Assessment
$1,618,234
  • Listing ID: 40134539

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 7751-7753 Milton Ave, Whittier, CA 90602

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