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7240 Bright Ave
Whittier, CA 90602
The Villas at Uptown · Multifamily Property For Sale · 14 Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 12,136 SF
No. Stories 2
Year Built 1960
Zoning R4

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space

Site Amenities

  • Courtyard
  • Laundry Facilities

About 7240 BRIGHT AVE , WHITTIER, CA 90602

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire The Villas at Uptown, a 14-unit multifamily investment property located in Whittier, one of the premiere housing markets in Southern California. Located within walking distance to the historic Uptown Whittier, residents of The Villas at Uptown have easy access to a plethora of dining, retail, and entertainment options. The property is also within walking distance to the Whittier Public Library, Friends Park, and less than half a mile from Whittier High School. Built in 1960, The Villas of Uptown offers investors the opportunity to increase rental income by approximately 11 percent. Situated on a 0.32-acre lot, the 12,136 square foot property consists of one-, two, and three-bedroom floor plans averaging over 860 square feet. The Villas at Uptown offers gated entry, spacious courtyard, on-site laundry, and garage and carport parking.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,335 700
2+1 8 $1,550 850
3+2 1 $2,095 1,200

Property Taxes

Property Taxes

Parcel Number
8139-034-026
Land Assessment
$2,788,796
Improvements Assessment
$1,383,242
Total Assessment
$4,172,038
  • Listing ID: 13694501

  • Date on Market: 9/4/2018

  • Last Updated:

  • Address: 7240 Bright Ave, Whittier, CA 90602

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