7220 -32 Bright Ave, Whittier, CA 90602

$6,800,000
33
BD
31
BA
19,602
SqFt

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List Price
$6,800,000
Price Change
▼ $400,000 1784337164
MLS#
26843685
Year Built
1964
Bedrooms
33
Bathrooms
31
Living Sq. Ft
19,602
Lot Size
27,361
Days on Market
54
Property Type
Multifamily
Stories
2

Property Description

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. 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.

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Courtesy of CBRE, John Boyett - CA DRE#02056759

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