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About the Listing 51247 - CV33418
We are pleased to offer for sale this exceptional 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 12,700 rentable square feet with a highly desirable unit mix consisting of seven 2-Bed/2-Bath + Office units, three 2-Bed/2-Bath units, and one 2-Bed/1.25-Bath unit, providing spacious layouts that appeal to tenants. Residents enjoy a gated private entry, lush landscaped courtyard, and the convenience of onsite garage and covered parking with two or more spaces per unit. Additional amenities include private patios or balconies and an onsite laundry facility, enhancing tenant comfort and retention. The property currently operates at a 5.7% CAP Rate and 12 GRM with excellent in-place rental rates and room for future increases, presenting investors with both stable income and continued growth potential. Situated in a highly desirable North Whittier location, this well-maintained asset offers strong rental demand and long-term investment appeal.
Listing Highlights
Status
Active
Days on Site
19
Property Type
Multi-Family
MLS ®
CV26055922
Year Built
1984
Total Square Footage
12,701
Lot/Acreage
0.46
County
Los Angeles
Area
670 - Whittier
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 7 car
- Parking Spaces: 20
- Zoning: WHR3*
- Roof: Flat
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Carport,Door-Single,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8141029025
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
7959 Bright Whittier, CA 90602
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