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7641 Bright Ave, Whittier, CA 90602
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7641 Bright Ave Whittier, CA 90602

$1,350,000 Sold Price as of 03/31/2023
  • 6 Beds
  • 5 Baths
  • 3,046 Sq.Ft.
Sold
$1,350,000 Sold Price as of 03/31/2023 Refinance Your Mortgage
Map preview of 7641 Bright Ave, Whittier, CA 90602

Property Overview: 7641 Bright Ave Whittier, CA has 6 bedrooms, 5 bathrooms, 3,046 living square feet and 7,056 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 7641 Bright Avenue, a five-unit apartment property in Whittier, California, boasts an excellent rental location in a desirable market; the property is just one block from Greenleaf Avenue, home to Whittier’s dining, retail and entertainment district, one block to Friends Park and Whittier’s Civic Center, and a half-mile to Whittier College. 7641 Bright Avenue consists of a single-story two-bed/one-bath house and a two-story fourplex with all one-bed/one-bath units. The units are separately metered for gas and electricity. The property is gated behind the fourplex and features six surface parking spots and shared laundry facilities. Current rents offer a new investor 58 percent potential upside, making this offering a great value-add opportunity in an excellent rental location.

Listed by Steven Bogoyevac | BRE #01332755 | Steven M. Bogoyevac, Broker
Co-listed by David O'Keefe | BRE #01928739 | Marcus & Millichap
Last checked: 17 minutes ago | Last updated: March 31st, 2023 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
7,056
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW22260762
City
Whittier
County
Los Angeles
Time on Site
490 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 7641 Bright Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 8141012010
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: east of Greenleaf between Walnut and Mar Vista
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Whittier Agent

Sale History for 7641 Bright Ave

Last sold for $1,350,000 on March 31st, 2023

  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: PW22260762

    $1,350,000

    Price

  • Dec 29, 2022

    Date

    Active

    CRMLS: PW22260762

    $1,300,000

    Price

  • January, 2017

  • Jan 13, 2017

    Date

    Sold (Public Records)

    Public Records

    $864,500

    Price

  • January, 2017

  • Jan 13, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7641 Bright Ave

Assessed Value (2020): $918,773
Year Land Value Improved Value Assessed Value
2020 $561,378 $357,395 $918,773

Home Value Compared to the Market

This property vs the competition

7641 Bright Ave sold on March 31, 2023 for 80.72% higher than the current median sold price for the city of Whittier which is $830,000. The median sold price per/sqft for Whittier is $567 and this home is sold at $492.45 per/sqft which puts the price per square foot 13.15% lower than the current median sale per square foot for the city of Whittier.

About 7641 Bright Ave

Detailed summary of property

7641 Bright Ave is a mixed use that recently sold in Whittier, CA 90602. This mixed use property offered 6 bedrooms, 5 bathrooms, roughly 3,046 living square feet, and sits on an approximately 7,056 square foot lot. 7641 Bright Ave was first listed on ArdentRealEstateGroup.com on December 30, 2022. The homeowner sold the property for $1,350,000. Home in Whittier are selling for a median price of $830,000 and a median price per square foot of $567. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 80.72% higher than the current median priced home. Local homes that are currently for sale include 1380 Cherry Ave, 849 S Broadway #611 and 1120 Raymond Ave. While the average home in Whittier, CA is selling in 61 days, 7641 Bright Ave has a days on market of 47 days. There are currently 199 homes for sale in the Whittier real estate market and 166 of them are single family homes while 22 of them are condos and 11 are townhomes. For more information on this home for sale at 7641 Bright Ave Whittier, CA 90602 contact Ardent Real Estate Group and we will put you in touch with one of our Whittier agents.

Public Facts for 7641 Bright Ave

Public county record property details
Beds
6
Baths
5
Year built
1946
Sq. Ft.
3,046
Lot Size
7,056
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
8141-012-010

The source for these homes facts are from public records.

90602 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$525
Median Sold Price
$840,000
Median Sold Price/Sq.Ft.
$408
Total Inventory
19
Median Sale to List Price %
105.13%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (100%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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