7641 Bright AVE new Save Request In-Person Tour Request Virtual Tour
Whittier,CA 90602
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24245060
HOA Y/N No
Year Built 1946
Lot Size 7,056 Sqft
Property 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, 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. 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. Don't miss this chance to acquire a versatile, well-located property with significant potential- schedule a showing today!
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR3*
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features None
Pool None
Community Features Curbs,Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre,Front Yard,Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8141012010
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard