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7220 -32 Bright Avenue, Whittier, California 90602

$6,800,000

Property Type
Residential Income
Bedrooms
33
Bathrooms
31
Square Feet
19,602 sqft
City
Whittier
Status
Active

To be sold as a portfolio only 7220, 7222, and 7232 Bright Avenue, Whittier. All three properties are included in this listing and must close concurrently. Rare opportunity to acquire the Whittier Portfolio 28 units across three contiguous properties totaling approximately 19,602 gross square feet in the heart of Uptown Whittier. The portfolio consists of an 18-unit apartment community at 7220 Bright Avenue, a 9-unit apartment building at 7232 Bright Avenue, and a 3-bedroom/2-bath single-family residence at 7222 Bright Avenue. Unit mix features (24) 1BR/1BA, (1) 2BR/1BA, (2) 2BR/2BA, plus the SFR. Each unit has their own designated parking spot. First time on the market in over 50 years, these pride-of-ownership assets offer significant rental upside, on-site laundry income, and a RUBS recapture program. Exceptionally located near Whittier College in one of the San Gabriel Valley's most walkable and established residential neighborhoods, steps from the shops and dining of Uptown Whittier. Sold in as-is condition. All information deemed reliable but not guaranteed; buyer to independently verify all information including unit count, square footage, and rents.

7220 -32 Bright Ave
Whittier, CA 90602
$6,800,000
28
Units
19,602
Square Feet
0.63 acres
Lot Size
130
Days on Market

About

To be sold as a portfolio only 7220, 7222, and 7232 Bright Avenue, Whittier. All three properties are included in this listing and must close concurrently. Rare opportunity to acquire the Whittier Portfolio 28 units across three contiguous properties totaling approximately 19,602 gross square feet in the heart of Uptown Whittier. The portfolio consists of an 18-unit apartment community at 7220 Bright Avenue, a 9-unit apartment building at 7232 Bright Avenue, and a 3-bedroom/2-bath single-family residence at 7222 Bright Avenue. Unit mix features (24) 1BR/1BA, (1) 2BR/1BA, (2) 2BR/2BA, plus the SFR. Each unit has their own designated parking spot. First time on the market in over 50 years, these pride-of-ownership assets offer significant rental upside, on-site laundry income, and a RUBS recapture program. Exceptionally located near Whittier College in one of the San Gabriel Valley's most walkable and established residential neighborhoods, steps from the shops and dining of Uptown Whittier. Sold in as-is condition. All information deemed reliable but not guaranteed; buyer to independently verify all information including unit count, square footage, and rents.

Listed by John Boyett with CBRE

Quick Facts

MLS Property Type
Residential Income
Status
Active
MLS Number
26843685
Year Built
1964
Units
28
Lot Size
0.63 acres
Contact Agent

Vince Allan

DRE Lic. #01421798

Ask a question or request a showing.

Location

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Details

Lot Size
0.63 acres
Parcel Number
8139034027
Zoning Code
WHR4*

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