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Property profile & analytics
FOR SALE
Hotels
7037 Bright Ave Whittier, CA 90602
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6886772
For Sale
1 / 14
$1,200,000
7037 Bright Ave, Whittier, CA 90602
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1923
Construction
WOOD
Total area
8,200 SF
Lot
0.16 ac (6,931 SF)
Zoning code
WHC2UD*
APN
8139-022-909
UPID
US09-6886772
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
City Of Whittier · 2 yrs held
City Of Whittier
since 2023
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
WHC2UD* · Whittier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Whittier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whittier submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$785,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $1.00M (Dec 20 2023)
Last sale anchor
$1.00M
Dec 20 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,033
Tax year 2024
Assessed value
$1,058,177
Assessed 2024
Previous assessed
$1,058,177
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,024,044
Assessed improvement
$34,133
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
For Sale
Year built
1923
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,200 SF
Lot
0.16 ac (6,931 SF)
Zoning code
WHC2UD*
APN
8139-022-909
UPID
US09-6886772
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WHC2UD* · Whittier, CA
Zoning WHC2UD* · permitted uses
WHC2UD* · Whittier, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whittier. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
City Of Whittier
Entity
Free & Clear · 2 yrs held
Mailing address
13230 PENN ST, WHITTIER, CA 90602-1716
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2023
$1,000,000
City Of Whittier
American Cantechs Group Investment
Grant Deed
—
Jan 23, 2017
$930,000
American Cantechs Group Inv In
Uptown Redevelopment Ptrs LLC
Grant Deed
—
Jun 1, 2012
$750,000
Uptown Redevelopment Ptrs LLC
Bright Life Now LLC
Grant Deed
—
Jun 1, 2012
—
Bright Life Now LLC
Patel,maganbhai P & Sushila M
Grant Deed
—
Feb 9, 2012
—
Bright Life Now LLC
Patel,maganbhai P & Sushila M
Grant Deed
—
Nov 12, 1971
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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