$1,420,000
$1,315,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
7615 Bright AVE Whittier, CA 90602
4,759 SqFt
Key Details
Sold Price $1,420,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,759 sqft
Price per Sqft $298
MLS Listing ID SR21045720
Sold Date 04/08/21
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1971
Annual Tax Amount $15,609
Tax Year 2020
Lot Size 7,148 Sqft
Acres 0.1641
Property Description
7615 Bright Avenue consists of one 7-unit building built in 1971. The property offers 6 spacious 1 bed/ 1 bath units & 1 large 3 bed/ 2 bath unit, all come with a wall mounted HVAC unit. There is ample onsite parking that includes 1 two car garage, one single car garage and seven carports. The complex has a small private laundry facility. All units are separately metered for gas and electricity which keeps landlord operating expenses to a minimum. The property is in close proximity to the Whittier Library, Community Center, City Hall, Turnbull Canyon hiking/biking trail, and Whittier College. Current ownership has maintained the rental rates well below the market level and with the right strategy and approach, a new investor can take advantage of a significant repositioning opportunity. This would be a fantastic addition to any investors portfolio. This is a must see! Please Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR3*
Rooms
Ensuite Laundry Common Area
Interior
Interior Features Balcony, Solid Surface Counters
Laundry Location Common Area
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Free-Standing Range, Gas Range, Water Heater
Laundry Common Area
Exterior
Exterior Feature Lighting
Garage Assigned, Garage Faces Front, Garage Faces Side
Garage Spaces 3.0
Carport Spaces 7
Garage Description 3.0
Fence Block, Good Condition, Wrought Iron
Pool None
Community Features Curbs, Hiking, Park, Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Flat
Accessibility None
Parking Type Assigned, Garage Faces Front, Garage Faces Side
Total Parking Spaces 10
Private Pool No
Building
Lot Description Level, Rectangular Lot, Street Level
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 8141012024
Energy Description 2003.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Daniel Lewin • Dan Lewin, Broker