Investment Overview

Marcus & Millichap is pleased to present to market 7641 Bright Avenue, a five-unit apartment property in Whittier, California. This asset 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.