Vacant Hotel in
7037 Bright Ave Whittier, CA 90602
7037 Bright Ave, Whittier, CA, 90602
$1,200,000
Pending
For Sale
$1,200,000
Pending
Vacant 8,200 SF hotel with investment potential.
Property Size8,200 SF
Lot Size0.16 Acres
Days on Market133
Property Features for 7037 Bright Ave
General Information
- Standard status
- Pending
- Size
- 8,200 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1923
Listing agency
IRN Realty
(626) 456-0028
Listed by
Jinsheng Yue · License #01341541
(626) 456-0028
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:10PM Checked: Jul 21 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRN Realty
Investment Insights
Based on property information with market context.
Located in a busy area of Whittier, this vacant hotel offers investment potential. The building encompasses 8,200 square feet.
Key Highlights
- Vacant hotel property with high investment potential.
- Located in a busy area of Whittier city.
- 8,200 square feet of interior space.
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.0k | $15.00 |
| − Vacancy | −$15.4k | −$1.88 |
| EGI | $107.6k | $13.13 |
| − OpEx | −$56.5k | −$6.89 |
| NOI | $51.1k | $6.23 |
8,200 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$730.3K
$639.0K – $852.0K
NOI $51,122 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.39M
$3.84M – $5.12M
NOI $307,317 @ 7.0% cap · market cap 25.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hotels
Similar For Sale Nearby
FAQs
What type of property is this?
Hotel - Vacant 8,200 SF hotel with investment potential.
Where is this hotel located?
The property is located at 7037 Bright Ave Whittier, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Vacant hotel property with high investment potential.; Located in a busy area of Whittier city.; 8,200 square feet of interior space.
