8140 Bright Ave, Whittier, CA 90602
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8140 Bright Ave Whittier, CA 90602

$2,680,000 Sold Price as of 05/03/2019
  • 200 Beds
  • 100 Baths
  • 7,928 Sq.Ft.
Sold
$2,680,000 Sold Price as of 05/03/2019 Refinance Your Mortgage

Map preview of 8140 Bright Ave, Whittier, CA 90602

Property Overview: 8140 Bright Ave Whittier, CA has 200 bedrooms, 100 bathrooms, 7,928 living square feet and 8,316 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: approximately 50% of units have new kitchen cabinetry along with new granite countertops, kitchen & baths mostly wood vinyl or tile, bedrooms and hallways carpet, wall A/C’s and heaters, all units have private balconies, stoves, garbage disposal, blinds etc. Units separately metered for electric (all electric building) & central gas hot water heater for laundry room (2 washers & 2 dryers leased). Building built per owner with copper piping. Gated entry. Very Low maintenance building. Spacious units with very nice floor plans. Unit to unit may vary - Buyer Must Verify all at inspection. PROPERTY INCLUDES: 10 enclosed garages plus 5 more covered parking. Major Capital Improvements: property has been “Soft Story Retrofitted” and also new concrete driveway!

Listed by Michael Gourdikian | BRE #01015826 | Pacific West Realty Inv.
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 137

Home details

Lot Sq. Ft
8,316
HOA Dues
$0/mo
Year built
1973
Garage
10 Car
Property Type:
Multi Family
Status
Sold
MLS#
AR18253325
City
Whittier
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 10
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 20
  • # of Baths: 10
  • Garage Spaces: 10
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,870
  • Total Rent: $14,870
  • Pro Forma/Market Rent: $16,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $178,440
  • Net Operating Income: $117,770
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $57,101
  • Electric: $1,068
  • Gas/Fuel: $1,408
  • New Taxes: $34,000
  • Trash: $1
  • Insurance: $4,700
  • Professional Management: $1
  • Water/Sewer: $4,790

Property Details for 8140 Bright Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 8141033023
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Right off of highly traveled Whittier Boulevard
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 8140 Bright Ave

Last leased for $1,750 on May 10th, 2021
  • May, 2021

  • May 10, 2021

    Date

    Leased

    CRMLS: TR21083257

    $1,750

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: TR21083257

    $1,750

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled 2-bedroom, 1 bathroom apartment available for immediate move in near Whittier College. Kitchen with outside stovetop / oven and new cabinet paint has window outside view. New laminated wood floor throughout living room and bedrooms. Unit is located on third floor with one car garage available on first floor. Close access to freeway and conveniently located near bank, dining, grocery, and retail stores.

  • May, 2019

  • May 3, 2019

    Date

    Sold

    CRMLS: AR18253325

    $2,680,000

    Price

  • Mar 4, 2019

    Date

    Pending

    CRMLS: AR18253325

    $2,975,000

    Price

  • Oct 18, 2018

    Date

    Active

    CRMLS: AR18253325

    $2,975,000

    Price

  • May, 2019

  • May 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,680,000

    Price

  • July, 2017

  • Jul 18, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8140 Bright Ave

Assessed Value (2020): $2,736,100
Year Land Value Improved Value Assessed Value
2020 $936,360 $1,799,740 $2,736,100

Home Value Compared to the Market

This property vs the competition

8140 Bright Ave sold on May 3, 2019 for 252.07% higher than the current median sold price for the city of Whittier which is $845,000. The median sold price per/sqft for Whittier is $588 and this home is sold at $375.25 per/sqft which puts the price per square foot 36.18% lower than the current median sale per square foot for the city of Whittier.

About 8140 Bright Ave

Detailed summary of property

8140 Bright Ave is a multi family that recently sold in Whittier, CA 90602. This multi family property offered 200 bedrooms, 100 bathrooms, roughly 7,928 living square feet, and sits on an approximately 8,316 square foot lot. 8140 Bright Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,680,000. Home in Whittier are selling for a median price of $845,000 and a median price per square foot of $588. Based on Ardent Real Estate Group's Whittier Market Data, this home is sold 252.07% higher than the current median priced home. Local homes that are currently for sale include 234 N Chicago St, 3402 Gaviota Ave and 1943 Hancock St. While the average home in Whittier, CA is selling in 60 days, 8140 Bright Ave has a days on market of 137 days. There are currently 244 homes for sale in the Whittier real estate market and 199 of them are single family homes while 28 of them are condos and 17 are townhomes. For more information on this home for sale at 8140 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 8140 Bright Ave

Public county record property details
Beds
20
Baths
10
Year built
1973
Sq. Ft.
7,928
Lot Size
8,301
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
46,47
APN
8141-033-023

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
$890,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$930,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
32
Median Sale to List Price %
103.45%
Avg Days on Market
28
Loan Type
Conventional (50%), FHA (8.33%), VA (8.33%), Cash (8.33%), Other (25%)

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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.