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7220 -32 Bright Avenue — photo 1
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Units

28

Building Size

19,602 sf

Lot Size

27,361 sf

Status

Active

Listing Agent: John Boyett, CBRE

Whittier

7220 -32 Bright Avenue

About This Property

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.

Unit Mix

  • 2 units · 1bd / 1ba
  • 1 unit · 2bd / 1ba
  • 1 unit · 2bd / 2ba
  • 1 unit · 3bd / 2ba

Neighborhood

This property is located in Whittier. Want to learn more about the area?

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Asking Price

$6,800,000

Est. Monthly Payment

$43,451/mo

20% down · 6.5% rate · 30yr

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Listing Agent

John Boyett

CBRE