8146 Bright Avenue, Whittier, California 90602, Whittier, 90602 - bed, bath

8146 Bright Avenue, Whittier, California 90602 home-pic-0
ACTIVE$1,749,900
8146 Bright Avenue, Whittier, California 90602
0Bed
0Bath
3,339Sqft
9,336Lot
Year Built
1936
Close
-
List price
$1.75M
Original List price
$1.89M
Price/Sqft
$524
HOA
-
Days on market
-
Sold On
-
MLS number
PW25004793
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.75M(94th), sqft - 3339(94th), beds - undefined(6th), baths - undefined(6th).

The two ADU units were built in 2024. The other two units have been renovated. Unique Real Estate Opportunity. This property offers a rare opportunity in the market. With supermarkets, restaurants, and retail shops all within walking distance, it ensures comfortable daily living. The unique feature of single-story units has garnered significant interest. Such single-story units, totaling four, are hard to find on the market. Original Units: Built in 1936, these two units have been completely remodeled for modern living. The first unit features 2 bedrooms, 1 bathroom, and a 2-car garage, while the second unit offers 1 bedroom, 1 bathroom, and a private patio. New Units: Constructed with ADU permits, these new units are each 800 square feet, bright and conveniently designed with 2 bedrooms and 2 bathrooms. All four units feature laminate wood flooring. These newly built units require no maintenance and will remain in excellent condition for over a decade. For brand new two units are paid-off solar panels installed on the roof reduce electricity costs. Each unit offers 2 parking spaces, providing ample convenience for both residents and guests. Don't miss this extraordinary opportunity!

Price History

Date
Event
Price
06/22/21
Sold
$620,000
Condition Rating
Excellent

This property features a unique blend of new construction and extensively renovated units. Two ADU units were newly built in 2024, showcasing modern kitchens with new white shaker cabinets, light countertops, new appliances (range), recessed lighting, and new laminate wood flooring. Their bathrooms also appear new and modern. The description explicitly states these new units require no maintenance for over a decade and include paid-off solar panels. The other two original units, built in 1936, have been 'completely remodeled for modern living,' and also feature laminate wood flooring throughout. While interior photos of the original units are not provided, the strong description of a 'complete remodel' suggests they meet current quality standards. The combination of brand-new units and fully renovated older units, all with modern finishes and features, aligns perfectly with the 'Excellent' condition criteria, indicating virtually new components and minimal deferred maintenance.
Pros & Cons

Pros

Exceptional Multi-Unit Configuration: A rare offering of four single-story units, including two brand-new 2024 ADUs and two fully remodeled original units, maximizing income potential and flexibility.
Turnkey Condition & Low Maintenance: The new ADUs are maintenance-free for over a decade, and the original units are completely remodeled, minimizing immediate capital expenditures for a new owner.
Prime Walkable Location: Situated within walking distance to essential amenities like supermarkets, restaurants, and retail, enhancing tenant appeal and convenience.
Cost-Saving Solar Power: The brand-new ADUs feature paid-off solar panels, significantly reducing electricity costs and offering an attractive incentive for tenants.
Abundant Parking: Each of the four units is allocated two dedicated parking spaces, a valuable amenity in a dense urban environment.

Cons

Significant Valuation Discrepancy: The listing price is considerably higher than the property's estimated value and recent sales history, indicating a potential overvaluation that may deter buyers or require extensive justification.
Age-Related Concerns for Original Units: Despite renovations, the original units date back to 1936, which could lead to unforeseen maintenance issues or higher insurance premiums related to older infrastructure not explicitly detailed as updated.
Limited Renovation Details: While 'completely remodeled' is stated for the original units, the lack of specific renovation details (e.g., plumbing, electrical, roof, HVAC updates) might raise questions for discerning buyers regarding the extent and quality of the upgrades.

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