7346 Bright Avenue
Whittier, CA 90602

16 Units "Uptown" Whittier with Private Seller Financing Available! We are pleased to exclusively offer for sale a premier multi-family residential investment opportunity nestled in the desirable uptown Whittier area. The subject property offers a desirable unit mix consisting of: 2 (3 Bedroom/2 Bathroom) units, 14 (2-Bedroom/1-Bathroom) units, and a 1 Bedroom/1 Bathroom non-conforming unit, totaling 12,991 rental square feet on a 13,975 square foot lot.The property boasts copper plumbing throughout and a newer central water heater enhanced by a solar power system, reflecting the seller's commitment to efficiency. Tenants enjoy an array of amenities designed for comfort and convenience including; an onsite laundry facility, covered tuck-under parking, and select units feature a cozy fireplace, adding a touch of warmth to the living space.Each unit is individually metered for electricity & gas, while the owner pays for water and trash. Located within walking distance to a vibrant selection of shops, eateries, and the public library, this property offers an urban lifestyle with the charm of a close-knit community. Given the longevity of ownership, the rental rates have been kept modest for the location allowing for a 35% upside in rental income, with most units poised for an annual rental increase currently. Investors will be particularly interested in the attractive Private Seller Financing that is offered with the following terms: 35% Down Payment, 6.5% Interest-Only Payments, Due in 10 Years.