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Listed by: Kristopher German (626) 427-0786 DRE #01800021 | RE/MAX 2000 REALTY (626) 956-0188
$3,650,000
6 Beds
- 5 Baths
--sqft
7959 Bright, Whittier, CA 90602
$3,650,000
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Apartment
Built in 1984
$-- HOA
19,859 sqft lot
--/sqft
Description
NEW PRICE: 6% CAP Rate for 1980's Construction in "Uptown" Whittier!!! Now offering a rare 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 approximately 12,700 rentable square feet with an exceptional unit mix, including seven 2-Bed/2-Bath units with bonus room (ideal for a third bedroom or office), three 2-Bed/2-Bath units, and one 2-Bed/1.25-Bath townhouse-style unit, layouts that strongly appeal to today’s tenants.
The asset delivers excellent cash flow from day one, now at a 6% CAP Rate and 11.6 GRM, with strong in-place rental...
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1984
HOA Fees
-
Finished Area
- sqft
Lot Size
19,859 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26055922
MLS Status
Pending
Days on Market
44
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