55-Unit Garden-Style Apartment
For Sale
$11,500,000
Pending
7739 Bradwell Avenue, Whittier, CA 90606
Two-story community with gated access, pool, spa, laundry facilities, and on-site parking.
Property Size49,581 SF
Days on Market61
Property Features for 7739 Bradwell Avenue
General Information
Standard status
Pending
Size
49,581 SF
Property subtype
Apartment
Building Details
Building Size
49,581 SF
Year Built
1988
Listing Agency:
Marcus & Millichap RE Invest
Listed By:
Tyler Leeson · License #01451551
(949) 419-3200
Source:
Velocityrealtysd
Added: Aug 17
Changed: Oct 11
Last Checked: Oct 15 at 7:07AM
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 Marcus & Millichap RE Invest
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Investment Insights
Based on property information with market context.
Whittier West is a 55-unit apartment community comprising a two-story garden-style complex constructed in 1988 and a detached single-family house built in 1950. The unit mix includes 14 one-bedroom/one-bath apartments, 40 two-bedroom/two-bath apartments, and one two-bedroom/two-bath house. Residences feature private patios or balconies, central air conditioning, ceiling fans, dishwashers, and generous closet space.
Community features include controlled entry, a swimming pool, spa, on-site laundry, and ample parking. The property is located at 7735 and 7739 Bradwell Avenue in unincorporated Los Angeles County, with a Whittier mailing address. Its Los Nietos setting provides access to the Norwalk Boulevard retail corridor, neighborhood parks, regional freeway connections, and Uptown Whittier's retail, dining, entertainment, professional, medical, and civic services.
Community features include controlled entry, a swimming pool, spa, on-site laundry, and ample parking. The property is located at 7735 and 7739 Bradwell Avenue in unincorporated Los Angeles County, with a Whittier mailing address. Its Los Nietos setting provides access to the Norwalk Boulevard retail corridor, neighborhood parks, regional freeway connections, and Uptown Whittier's retail, dining, entertainment, professional, medical, and civic services.
Key Highlights
- 55 units across a 1988 two‑story apartment complex and a detached house built in 1950
- Unit mix includes 14 one‑bedroom/one‑bath units and 40 two‑bedroom/two‑bath units
- One detached two‑bedroom/two‑bath house included in the unit mix
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$797,798
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,955,960
$16.0M
Cap Rate 7%
$11,397,114
$11.4M
Cap Rate 9%
$8,864,422
$8.9M
Market Conditions
NOI Build-Up for 49,581 SF
Gross rent
$1.58M $31.80/SF
− Vacancy
−$126.1K −$2.54/SF
EGI
$1.45M $29.26/SF
− OpEx
−$652.7K −$13.17/SF
NOI
$797.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,955,960
Cap Rate 7%
$11,397,114
Cap Rate 9%
$8,864,422
Alternative Uses
Best Use
Apartment 5plus
$11.40M
$9.97M – $13.30M
NOI $797,798 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$26.55M
$23.23M – $30.97M
NOI $1,858,183 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
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Business Placement
Demographics for 90606, CA
32,078
Population
8,982
Households
3.6
Avg Household Size
38
Median Age
18%
College-Educated
76%
High-School Grad
3.8 sq mi
ZIP Area
8,442
Density / Sq Mi
$94,904
Median Household Income
$45,361
Median Earnings
$1,913
Median Rent
$623,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story community with gated access, pool, spa, laundry facilities, and on-site parking.
Where is this apartment building located?
The property is located at 7739 Bradwell Avenue Whittier, CA.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: 55 units across a 1988 two‑story apartment complex and a detached house built in 1950; Unit mix includes 14 one‑bedroom/one‑bath units and 40 two‑bedroom/two‑bath units; One detached two‑bedroom/two‑bath house included in the unit mix
