7959 Bright Avenue

Whittier CA 90602

19859 sq. ft.

Multi-Family

Last sold for $3,420,000

Kristopher German, last sold this property on 01 July 2026 after 108 days on market.

Overview

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 todays 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 income and additional upside potential. Residents enjoy a full suite of amenities including gated private entry, onsite garage and covered parking (2+ spaces per unit), private patios/balconies, a central courtyard, and an onsite laundry facility, supporting long-term tenant retention. With its desirable construction era, spacious unit layouts, and improved pricing, this is a standout opportunity for investors seeking immediate returns with continued rental growth in one of Whittiers most sought-after rental markets.

Features

6 bedrooms

5 bathrooms

19859 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Whittier over the last 12 months, the estimated median property value of 7959 Bright Avenue is $2.42m.

Median value

$2.42m

Estimated value range

$1.03m - $3.42m

Median days on market

132

Estimated value trend

82%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Whittier. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7959 Bright Avenue

2026

Sold

$3,420,000

01 Jul 2026 by Kristopher German, of RE/MAX 2000 REALTY

Happy sellers in Whittier

We have insufficient information to provide an overview of customer satisfaction for Whittier. Viewing the agent profiles, reviews and sales for Whittier can provide insights for this location.