For Sale
$2,399,000

6512 Bright AveWhittier, CA 90601

Four-unit, move-in ready, mixed-use investment.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional mixed-use property in desirable Uptown Whittier, CA, presents a rare investment opportunity. The 4,805 square foot property, built in 1962 and extensively renovated in 2024, comprises two buildings on a 5,508 square foot lot. It features four units: two retail/office spaces and two residential units (a three-bedroom, two-bathroom, and a two-bedroom, two-bathroom). Building 1 houses a beautifully remodeled, approximately 1,897 square foot commercial space, currently configured as a med spa with seven themed rooms, but adaptable for office or retail use. This building also includes a 1,599 square foot, three-bedroom, two-bathroom residential unit with a private balcony and patio, currently operating as a short-term rental. Building 2 offers a ground floor storage area (potentially usable as a kitchen) with a remodeled restroom, and a 1,017 square foot, two-bedroom, two-bathroom residential unit with a private patio. The property boasts new flooring, paint, recessed lighting, and updated appliances throughout. One residential unit has a lease in place until October 2025. The property's zoning is UG (Uptown General), offering flexibility for various uses. With a current pro-forma NOI of $92,261 and a pro-forma cap rate of 3.85%, this owner-user or investment opportunity is priced at $2,399,000 ($499.27/sq ft and $599,750/unit). The property's location in Uptown Whittier provides access to charming streets, diverse dining, and boutique shopping, within the Los Angeles Metropolitan area.

Highlights

  • Four-unit building with two residential and two retail spaces.
  • Excellent investment opportunity with a mix of residential and commercial tenants.
  • Strong potential for rental income diversification.
  • Ideal for both owner-occupancy and passive income generation.

Property Details for 6512 Bright Ave

Property type
Day care centers & nurseries, Retail properties
Square Feet
4,805 SF
Year Built/Renovated
1962/2024
Buildings
2
Stories
2
Units
4

Location Insight

City
Whittier
County
Los Angeles
State
California
Latitude
33.9822441
Longitude
-118.0359931
6512 Bright Ave, Whittier, California

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6512 Bright Ave
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