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… Read More 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. 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. Read Less
Property listed by CBRE, John Boyett 310-259-7556
Listing Snapshot
Days Online
21
Last Updated
Beds
33
3/4 Baths
31
Square Ft.
19,602
Lot Size
0.63 Acres
Year Built
1964
MLS Number
26843685
Additional Details
Building
Built in 1964, Living area: 19602.0, 5 buildings, 2 stories, Levels: MultiSplit
Income
Gross Income: $619,656, Net Operating Income: $346,351
Lot
0.6281 acres
Taxes
Parcel Number: 8139034027, Zoning: WHR4*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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