7746 Bright Avenue, Whittier, CA 90602 For Sale

Bright Manor Apartments presents a rare pride-of-ownership multifamily investment opportunity in the highly desirable Whittier submarket. This well-maintained 20-unit property offers investors stable in-place income with meaningful upside potential.

The property is not subject to Los Angeles City rent control and is governed solely by AB 1482, currently allowing annual rent increases of up to 10%.

Constructed in 1963, Bright Manor Apartments has been well maintained by the same ownership for the past 30 years. Approximately 50% of the units have been upgraded (new appliances, vinyl wood tone flooring, air conditioning), providing investors with an excellent opportunity to further enhance the property through continued renovations, operational improvements, and future rental growth. Unit has large windows for natural light with vertical blinds, spacious closets and lots of storage space. It is separately metered for gas and electricity with two central hot water heaters. It has a central courtyard and an on-site laundry facility for tenant convenience. There is ample parking with a total of 20 spaces, including 9 garages, 9 tuck-under parking spaces, and 2 open parking spaces.