Vacant Hotel
For Sale
$1,200,000
Pending
7037 Bright Avenue, Whittier, CA 90602
Commercial Sale, Whittier, CA
Property Size8,200 SF
Days on Market1134
Property Features for 7037 Bright Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Bright ave & Wardman st
Subdivision
670 - Whittier
Standard status
Pending
APN
8139022003
Building Details
Year built
1923
Listing Agency:
IRN Realty
Listed By:
Jinsheng Yue · License #01341541
(626) 447-5100
Added: Sep 29, 2023
Changed: Nov 2
Last Checked: Nov 5 at 6:06AM
MLS# TR23182612
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This vacant hotel property contains 8,200 square feet of interior space. Built in 1923, the building is located at 7037 Bright Avenue in Whittier, California.
Key Highlights
- Vacant hotel property
- 8,200 square feet of interior space
- Built in 1923
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.
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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
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Frequently Asked Questions
What type of property is this?
Hotel - The property is currently vacant and offers an existing hotel building for sale.
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; 8,200 square feet of interior space; Built in 1923
