7913 Bright Avenue, Whittier, CA 90602
- $2,100,000
- List Price
- $2,100,000
- Status
- ACTIVE
- MLS#
- AR23042850
- Year Built
- 1963
- Lot Size
- 7,700
- Acres
- 0.18
- Lot Location
- Item610UnitsAcre
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
We are pleased to offer 7913 Bright Avenue, a seven(7) unit multifamily apartment building located in the highly desirable city of Whittier. This asset is comprised of two separate buildings boasting 5,554 total square feet, on a large 7,700 square foot lot. Each unit is separately metered for gas and electricity. The property features a private security gate and brick wall surrounding the property. Each unit has an individual 1-car garage and access to the shared laundry room. The unit mix consists of four(4) 2bedroom+1bathrrom units, two(2) 1bedroom+1bathroom units, and one(1) studio unit. The spacious unit sizes allow for a new property owner to acquire this valuable asset and increase the rental income by approximately +/-46% and increase the property value significantly.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Bath, Dining Room, Electric, Gas, Kitchen
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $121,795
- Operating Expense
- 37986
Listing courtesy of Listing Agent: Matthew Guerra (matthew.guerra@principlequalityinvestments.com) from Listing Office: KW Executive.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.