Whittier, CA 90602 7641 Bright Avenue

Pending
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Presented By: Prashant Sampat with Pacific Avenue Realty; 562-841-0227
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC24245060
  • 01/13/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 5
  • SQFT • 3,046

Home Details

Exceptional investment opportunity in the heart of Whittier, California! This five-unit apartment property is situated in a prime rental location within a highly desirable market. The property features a single-story, 2-bedroom, 1-bathroom house and a two-story fourplex, offering four additional 1-bedroom, 1-bathroom units. Each unit is separately metered for gas and electricity, enhancing efficiency for both tenants and investors. The property offers six surface parking spots and shared laundry facilities, adding convenience for residents. Located just one block from Greenleaf Avenue, Whittier’s vibrant dining, retail, and entertainment district, this property also provides easy access to Friends Park, Whittier’s Civic Center, and is less than a half-mile from Whittier College. This Opportunity offers a great value to investors, where each unit has been significantly renovated and performing at market rent in a great rental market poised to grow in the coming years. Don’t miss this chance to acquire an amazing anchor property for your portfolio !
Presented By: Prashant Sampat with Pacific Avenue Realty; 562-841-0227

Interior Features for 7641 Bright Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 7641 Bright Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityWhittier
Community FeaturesCurbs, Sidewalks
CountyLos Angeles
DirectionsEast of Greenleaf between Walnut & Mar Vista
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income125880.0
HOANo
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet7058.0
Lot Size UnitsSquareFeet
MLS Area670 - Whittier
MobileHomeRemainsYNNo
Net Operating Income84440.0
New ConstructionNo
Number Of Units Total5
Operating Expense41140.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot15
Taxes$21,018
Tenant PaysElectricity, Gas
Total Actual Rent125880.0
Trash Expense2700.0
Water Sewer Expense2700.0
Waterfront Y/NNo
Year Built1946
Year Built SourcePublicRecords
ZoningWHR3*

Exterior for 7641 Bright Avenue

Building Area Total3046.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, FrontYard, RectangularLot
Lot Size Acres0.162
Lot Size Area7058.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,695,000
MLS#OC24245060
List Date 01/13/2025
Property Type Pending
Phone 714.742.6515
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