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7641 Bright Avenue, Whittier, CA 90602
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7641 Bright Avenue
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  • MLS#: OC24245060 ( Apartment )
  • Street Address: 7641 Bright Avenue
  • Viewed: 2
  • Price: $1,695,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1946
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: LOS ANGELES
  • City: Whittier
  • Zipcode: 90602
  • Provided by: Pacific Avenue Realty
  • Contact: Prashant Prashant
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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, Whittiers vibrant dining, retail, and entertainment district, this property also provides easy access to Friends Park, Whittiers Civic Center, and is less than a half mile from Whittier College. With current rents offering a 58% potential upside, this property presents an incredible value add opportunity for investors seeking long term growth in an outstanding rental market. Dont miss this chance to acquire a versatile, well located property with significant potential schedule a showing today!
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Features
Building Area Total
  1. 3046.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 6000.00
Laundry Features
  1. Community
Lot Features
  1. 0-1 Unit/Acre
  2. Front Yard
  3. Rectangular Lot
Netoperatingincome
  1. 84440.00
Newtaxesexpense
  1. 21018.00
Parcel Number
  1. 8141012010
Parking Features
  1. None
Pool Features
  1. None
Postalcodeplus4
  1. 1710
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 428277873:CRM
Tenant Pays
  1. Electricity
  2. Gas
Totalactualrent
  1. 125880.00
Totalexpenses
  1. 41140.00
Trash Expense
  1. 2700.00
Water Sewer Expense
  1. 2700.00
Water Source
  1. Public
Year Built
  1. 1946
Year Built Source
  1. Public Records
Zoning
  1. WHR3*