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$3,420,000
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Property Description
NEW PRICE: 6% CAP Rate for 1980's Construction in "Uptown" Whittier!!! Now offering a rare 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 approximately 12,700 rentable square feet with an exceptional unit mix, including seven 2-Bed/2-Bath units with bonus room (ideal for a third bedroom or office), three 2-Bed/2-Bath units, and one 2-Bed/1.25-Bath townhouse-style unit, layouts that strongly appeal to today's tenants.
The asset delivers excellent cash flow from day one, now at a 6% CAP Rate and 11.6 GRM, with strong in-place rental income and additional upside potential. Residents enjoy a full suite of amenities including gated private entry, onsite garage and covered parking (2+ spaces per unit), private patios/balconies, a central courtyard, and an onsite laundry facility, supporting long-term tenant retention.
With its desirable construction era, spacious unit layouts, and improved pricing, this is a standout opportunity for investors seeking immediate returns with continued rental growth in one of Whittier's most sought-after rental markets.
Full Property Details
Full Property Details for 7959 Bright
General
- Sold For: $3,420,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV26055922
- Added to Site: 160 day(s) ago
Interior
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 7
- Parking Features: Assigned, Carport, Garage (Single Door)
- Parking: Assigned, Carport, Garage (Single Door)
Location
- Area: 670 - Whittier
- County: Los Angeles
- Development Name: 670 - Whittier
- Driving Directions: East of Greenleaf Ave. South of Mar Vista St.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- Roof: Flat
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 12,701
- Year Built: 1984
Unit Information
Unit 1
- Number of Units: 7
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.4559
- Lot Size Source: Assessor
- Zoning: WHR3*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $269.27
- Price Per Unit: 331818
Listed by Re/Max 2000 Realty, Kristopher German
Sold by Brett Bayless, Broker, Brett Bayless
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Price & Sales History for 7959 Bright
Date
Details
Price
Change
Source
7/01/2026
Sold
$3,420,000
-6.3%
MLS
4/22/2026
Price Reduced
$3,650,000
-3.95%
MLS
3/14/2026
Listed
$3,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7959 Bright, Whittier, CA 90602 (MLS# CV26055922) is a Multi-Family property that was sold at $3,420,000 on July 01, 2026. Want to learn more about 7959 Bright? Do you have questions about finding other Multi-Family real estate for sale in Whittier? You can browse all Whittier real estate or contact a Coldwell Banker agent to request more information.

