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7220 Bright Ave
For Sale $7,200,000 ($367.31 per Sq Ft)
$7,200,000 ($367.31 per Sq Ft)
- 28 Units
- 19,602 Sq Ft
- 27,361 Sq Ft
- Unknown Cap Rate
Description
To be sold as a portfolio only 7220, 7222, and 7232 Bright Avenue, Whittier. All three properties are included in this listing and must close concurrently. Rare opportunity to acquire the Whittier Portfolio 28 units across three contiguous properties totaling approximately 19,602 gross square feet in the heart of Uptown Whittier. The portfolio consists of an 18-unit apartment community at 7220 Bright Avenue, a 9-unit apartment building at 7232 Bright Avenue, and a 3-bedroom/2-bath single-family residence at 7222 Bright Avenue. Unit mix features (24) 1BR/1BA, (1) 2BR/1BA, (2) 2BR/2BA, plus the SFR. First time on the market in over 50 years, these pride-of-ownership assets offer significant rental upside, on-site laundry income, and a RUBS recapture program. Exceptionally located near Whittier College in one of the San Gabriel Valley's most walkable and established residential neighborhoods, steps from the shops and dining of Uptown Whittier. Sold in as-is condition. All information deemed reliable but not guaranteed; buyer to independently verify all information including unit count, square footage, and rents.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $7,200,000 |
| Property Type | Multi-Family |
| Usable Sqft | 19,602 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 8139034027 |
| MLS # | 26843685 |
| Property ID | 291809581 |
| Lot Sqft | 27,361 |
| Zoning | WHR4* |
| Total Units | 28 |
| Days on Market | 17 |
| Original List Price | $7,200,000 |
| Date Updated | June 13, 2026 |
| Date Created | June 05, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $2,075 | $2,250 |
| Unit #2 | 3 | 2.00 | $1,423 | $3,650 |
| Unit #3 | 1 | 1.00 | $1,844 | $32,800 |
| Unit #4 | 2 | 2.00 | $2,195 | $4,650 |
| Unit #5 | 1 | 1.00 | $1,780 | $16,400 |
| Gross Income (Yr) | $ 613,538 |
| Operating Expenses | $ 267,188 |
| Net Income (Yr) | $ 346,351 |
Listing Provided By
John Boyett an agent of . Lic #02056759
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REAL ESTATE AGENT