7641 Bright Avenue

Whittier, CA 90602

$1,695,000

List Price

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1946

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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!

Listing Information

List Price $1,695,000
Status Active
MLS OC24245060
Type Residential Income
Subtype Apartment
Year Built 1946
Lot Size 7,058
Structure Size N/A
Courtesy Of Pacific Avenue Realty
Listing Agent Prashant Sampat DRE#01916221

Interior Features

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Maps

Listing information courtesy of: Prashant Sampat, Pacific Avenue Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 14th, 2025 at 4:34 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.