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7641 Bright Avenue
Whittier, CA 90602
Sold
7641 Bright Avenue, a five-unit apartment property in Whittier, California, boasts an excellent rental location in a desirable market; the property is just one block from Greenleaf Avenue, home to Whittier’s dining, retail and entertainment district, one block to Friends Park and Whittier’s Civic Center, and a half-mile to Whittier College. 7641 Bright Avenue consists of a single-story two-bed/one-bath house and a two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity. The property is gated behind the fourplex and features six surface parking spots and shared laundry facilities. Current rents offer a new investor 58 percent potential upside, making this offering a great value-add opportunity in an excellent rental location.
PROPERTY INFORMATION
| MLS # | PW22260762 | Lot Size | 7,056 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,500,000
Price Per SqFt: $ 492 |
DOM | 933 Days |
| Address | 7641 Bright Avenue | Type | Residential Income |
| City | Whittier | Sq.Ft. | 3,046 Sq. Ft. |
| Postal Code | 90602 | Garage | N/A |
| County | Los Angeles | Year Built | 1946 |
| Bed / Bath | 3 / 0 | Parking | 6 |
| Built In | 1946 | Status | Closed |
| Sold Date | 2023-03-31 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,600
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/31/2023 | Sold | $1,350,000 |
| 02/14/2023 | Pending | $1,500,000 |
| 01/03/2023 | Price Change | $1,500,000 (15.38%) |
| 12/29/2022 | Listed | $1,300,000 |
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Listing provided courtesy of Steven Bogoyevac, Steven M. Bogoyevac, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
