7959 Bright, Whittier, CA 90602
Local realty services provided by:ERA Excel Realty
7959 Bright,Whittier, CA 90602
$3,650,000
- - Beds
- - Baths
- 12,701 sq. ft.
- Multi-family
- Pending
Listed by: kristopher german
Office: re/max 2000 realty626-956-0188
MLS#:CV26055922
Source:CRMLS
Price summary
- Price:$3,650,000
- Price per sq. ft.:$287.38
About this home
NEW PRICE: 6% CAP Rate for 1980's Construction in "Uptown" Whittier!!! Now offering a rare opportunity to acquire an 11-unit apartment community in prime North Whittier, built in 1984 and featuring large, oversized units on an expansive 19,859 sq. ft. lot. The property offers approximately 12,700 rentable square feet with an exceptional unit mix, including seven 2-Bed/2-Bath units with bonus room (ideal for a third bedroom or office), three 2-Bed/2-Bath units, and one 2-Bed/1.25-Bath townhouse-style unit, layouts that strongly appeal to today’s tenants.
The asset delivers excellent cash flow from day one, now at a 6% CAP Rate and 11.6 GRM, with strong in-place rental income and additional upside potential. Residents enjoy a full suite of amenities including gated private entry, onsite garage and covered parking (2+ spaces per unit), private patios/balconies, a central courtyard, and an onsite laundry facility, supporting long-term tenant retention.
With its desirable construction era, spacious unit layouts, and improved pricing, this is a standout opportunity for investors seeking immediate returns with continued rental growth in one of Whittier’s most sought-after rental markets....
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Home facts
- Year built:1984
- Listing ID #:CV26055922
- Added:96 day(s) ago
- Updated:June 19, 2026 at 07:41 AM
Rooms and interior
- Living area:12,701 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Flat
- Year built:1984
- Building area:12,701 sq. ft.
- Lot area:0.46 Acres
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,650,000
- Price per sq. ft.:$287.38
Parking
- Total parking spaces:20
- Parking description:13 Carport Space(s), Assigned, Carport, Door-Single, Garage
- Garage:Yes
- Garage spaces:7
- Carport spaces:13
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