Vacant Hotel in
For Sale
$1,200,000
Pending
7037 Bright Avenue, Whittier, CA 90602
Vacant 8,200 SF hotel with investment potential.
Property Size8,200 SF
Days on Market385
Property Features for 7037 Bright Avenue
General Information
Standard status
Pending
Size
8,200 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1923
Listing Agency:
IRN Realty
(626) 447-5100
Listed By:
Jinsheng Yue · License #01341541
(626) 456-0028
Source:
Exitrealty
Added: Sep 17, 2025
Changed: Oct 3
Last Checked: Oct 2 at 5:02PM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,122
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,440
$1.0M
Cap Rate 7%
$730,314
$730.3K
Cap Rate 9%
$568,022
$568.0K
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$123.0K $15.00/SF
− Vacancy
−$15.4K −$1.88/SF
EGI
$107.6K $13.13/SF
− OpEx
−$56.5K −$6.89/SF
NOI
$51.1K $6.23/SF
Area
Los Angeles County, CA
Vacancy
12.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,440
Cap Rate 7%
$730,314
Cap Rate 9%
$568,022
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,622
Businesses Nearby
Explore this area
Business Placement
Demographics for 90602, CA
25,521
Population
8,514
Households
3
Avg Household Size
36
Median Age
22%
College-Educated
85%
High-School Grad
3.8 sq mi
ZIP Area
6,716
Density / Sq Mi
$67,259
Median Household Income
$37,237
Median Earnings
$1,719
Median Rent
$729,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
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 Avenue 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.
