NOT LISTED FOR SALE

7945 Bright Ave Whittier, CA 90602

South Whittier Neighborhood

Estimated Value: $1,359,000 - $1,546,000

8 Beds
6 Baths
4,987 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $1,249,900 $251 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,852/month

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • No Heating

About This Home

As of May 2023

Location, location, location! This charming oversize triplex is situated in the heart of Downtown Whittier, offering easy access to shopping, dining, and entertainment. This property is perfect for investors or homeowners who want to generate passive rental income while living in one of the units themselves. Each unit features its own private entrance, ensuring privacy and independence for all residents.

Last Agent to Sell the Property

Misael Vasquez

Century 21 Allstars License #01239378 Listed on: 04/12/2023

Century 21 Allstars

Last Buyer's Agent

Misael Vasquez

Century 21 Allstars License #01239378 Listed on: 04/12/2023

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,801 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 5 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 4,987 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 6 Bathrooms

Additional Features

  • Property is near a park
  • No Heating

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 4994
  • Assessor Parcel Number 8141029026

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $125

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: WHR3*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8141029026
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 250.63
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 125.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6801.00
  • Lot Size Acres: 0.1561

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 6801.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5018.04
  • Tax Lot: 53
  • Tax Tract Number: 4994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Shabanian Justin Joseph
Bought by
Justin Joseph Shabanian Living Trust and Shabanian
Current Estimated Value
$1,441,667

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 4, 2023
Sold by
Vrmtg Asset Trust
Bought by
Shabanian Justin J
Seller's Agent
Misael Vasquez
Century 21 Allstars
Buyer's Agent
Misael Vasquez
Century 21 Allstars
List Price
$1,249,900
Sold Price
$1,249,900
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$750,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2022
Sold by
Zamora Juan Carlos
Bought by
Zamora Juan Carlos and Gutierrez Raul Arioc

Purchase Details

Closed on
Oct 15, 2012
Sold by
Zamora Juan Carlos
Bought by
Zamora Juan Carlos and Ochoa Angelica

Purchase Details

Closed on
Jul 28, 2005
Sold by
Rivas Sabas and Rivas Graciela
Bought by
Zamora Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.46%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Justin Joseph Shabanian Living Trust -- None Listed On Document
Shabanian Justin J $1,249,900 Vantage Point Title
Zamora Juan Carlos -- --
Zamora Juan Carlos -- None Available
Zamora Juan Carlos -- New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shabanian Justin J $750,000
Previous Owner Zamora Juan Carlos $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $1,249,900 0.0% $251 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $1,249,900 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,575 $1,300,395 $780,195 $520,200
2024 $15,575 $1,274,898 $764,898 $510,000
2023 $22,414 $1,816,644 $1,203,353 $613,291
2022 $12,596 $935,340 $425,379 $509,961
2021 $12,173 $917,001 $417,039 $499,962
2019 $11,801 $889,804 $404,670 $485,134
2018 $11,361 $872,358 $396,736 $475,622
2016 $10,905 $838,485 $381,331 $457,154
2015 $10,655 $825,892 $375,604 $450,288
2014 $10,470 $809,715 $368,247 $441,468
Source: Public Records

Agents Affiliated with this Home

  • Misael Vasquez

    Seller's Agent in 2023

    Misael Vasquez

    Century 21 Allstars

    (562) 205-3908

    2 in this area

    58 Total Sales

    Misael Vasquez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23061157

California Regional Multiple Listing Service (CRMLS)

APN: 8141-029-026

California Los Angeles County Whittier 90602 South Whittier

7945 Bright Ave, Whittier, CA

Not Listed for Sale

MultiFamily

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