11 Units Built 1984 | Priced to Sell 12 GRM 7959 Bright Ave 11 Unit Apartment Building $3,800,000 ($345,455/Unit) 5.73% Cap Rate Whittier, CA 90602

Kristopher German of The Apartment Dealer is pleased to offer for sale this exceptional 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 12,700 rentable square feet with a highly desirable unit mix consisting of seven 2-Bed/2-Bath + Office units, three 2-Bed/2-Bath units, and one 2-Bed/1.25-Bath unit, providing spacious layouts that appeal to tenants. Residents enjoy a gated private entry, lush landscaped courtyard, and the convenience of onsite garage and covered parking with two or more spaces per unit. Additional amenities include private patios or balconies and an onsite laundry facility, enhancing tenant comfort and retention. The property currently operates at a 5.7% CAP Rate and 12 GRM with excellent in-place rental rates and room for future increases, presenting investors with both stable income and continued growth potential. Situated in a highly desirable North Whittier location, this well-maintained asset offers strong rental demand and long-term investment appeal.