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For SaleLuxury

$6,800,000

19,602 sqft$347/sqft154 days on market

7220 -32 Bright Avenue

Whittier, CA 90602

· 8% down, 7% APR, 30yr fixed

33

Beds

31

Baths

19,602

Square feet

1964

Built

Listing narrative

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. Each unit has their own designated parking spot. 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.

Listing agent (MLS): John Boyett · Listing brokerage (MLS): CBRE

Property Details

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Price

$6,800,000

Beds

33 bd

Type

House

Home Size

19,602 sqft

Baths

31

Lot Size

0.63 acres

Year

1964

Status

For Sale

Days on Market

154

$ / Sqft

$347

· 8% down, 7% APR, 30yr fixed
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Courtesy of CBRE