7959 Bright, Whittier, California 90602
  • $3,650,000
  • $3,800,000

Overview

Property ID: CV26055922
  • Apartment, Residential Income
  • Property Type
  • 7.0
  • Garages
  • 12701 Sqft
  • Area Size
  • 1984
  • Year Built

Description

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.

  • Address: 7959 Bright
  • City: Whittier
  • State/county: CA
  • Zip/Postal Code: 90602
  • Country: US

Details

Updated on July 1, 2026 at 9:10 pm
  • Property ID CV26055922
  • Price $3,650,000
  • Property Size 12701 Sqft
  • Land Area 0.4559 Acres
  • Garages 7.0
  • Year Built 1984
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Roof Flat
  • Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating None
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned, Carport, Door-Single, Garage
  • Community Features Street Lights, Sidewalks

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