$2,100,000
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7,701 Sqft Lot
SOLD DATE : 04/28/2023
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR23042850
Sold Date 04/28/23
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1963
Lot Size 7,701 Sqft
Property Sub-Type Apartment
Property Description
We are pleased to offer 7913 Bright Avenue, a seven(7) unit multifamily apartment building located in the highly desirable city of Whittier. This asset is comprised of two separate buildings boasting 5,554 total square feet, on a large 7,700 square foot lot. Each unit is separately metered for gas and electricity. The property features a private security gate and brick wall surrounding the property. Each unit has an individual 1-car garage and access to the shared laundry room. The unit mix consists of four(4) 2bedroom+1bathrrom units, two(2) 1bedroom+1bathroom units, and one(1) studio unit. The spacious unit sizes allow for a new property owner to acquire this valuable asset and increase the rental income by approximately +/-46% and increase the property value significantly.
Location
State CA
County Los Angeles
Area 670 - Whittier
Zoning WHR3*
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplaces Type Bath, Dining Room, Electric, Gas, Kitchen
Fireplace Yes
Laundry Common Area, Laundry Room
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Curbs, Gutter(s), Park, Street Lights, Sidewalks, Urban, Gated
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Accessibility See Remarks
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 8141029002
Security Features Gated Community
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, Government Loan, Owner May Carry, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, Government Loan, Owner May Carry, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Matthew Guerra KW Executive
johnherkenrath@epiquerealty.com
<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>