Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    7641 Bright Avenue, Whittier, CA 90602
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    7641 Bright Avenue
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    • MLS#: OC24245060 ( Apartment )
    • Street Address: 7641 Bright Avenue
    • Viewed: 3
    • Price: $1,695,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1946
    • Bldg sqft: 0
    • Days On Market: 10
    • Additional Information
    • County: LOS ANGELES
    • City: Whittier
    • Zipcode: 90602
    • Provided by: Pacific Avenue Realty
    • Contact: Prashant Prashant
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Exceptional investment opportunity in the heart of Whittier, California! This five unit apartment property is situated in a prime rental location within a highly desirable market. The property features a single story, 2 bedroom, 1 bathroom house and a two story fourplex, offering four additional 1 bedroom, 1 bathroom units. Each unit is separately metered for gas and electricity, enhancing efficiency for both tenants and investors. The property offers six surface parking spots and shared laundry facilities, adding convenience for residents. Located just one block from Greenleaf Avenue, Whittiers vibrant dining, retail, and entertainment district, this property also provides easy access to Friends Park, Whittiers Civic Center, and is less than a half mile from Whittier College. With current rents offering a 58% potential upside, this property presents an incredible value add opportunity for investors seeking long term growth in an outstanding rental market. Dont miss this chance to acquire a versatile, well located property with significant potential schedule a showing today!
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    Features
    Building Area Total
    1. 3046.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Electric Expense
    1. 0.00
    Entry Location
    1. Front
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Insurance Expense
    1. 6000.00
    Laundry Features
    1. Community
    Lot Features
    1. 0-1 Unit/Acre
    2. Front Yard
    3. Rectangular Lot
    Netoperatingincome
    1. 84440.00
    Newtaxesexpense
    1. 21018.00
    Parcel Number
    1. 8141012010
    Parking Features
    1. None
    Pool Features
    1. None
    Postalcodeplus4
    1. 1710
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428277873:CRM
    Tenant Pays
    1. Electricity
    2. Gas
    Totalactualrent
    1. 125880.00
    Totalexpenses
    1. 41140.00
    Trash Expense
    1. 2700.00
    Water Sewer Expense
    1. 2700.00
    Water Source
    1. Public
    Year Built
    1. 1946
    Year Built Source
    1. Public Records
    Zoning
    1. WHR3*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836