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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Apartment buildings
7641 Bright Ave Whittier, CA 90602-1710
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8023662
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1946
Construction
WOOD
Total area
3,046 SF
Lot
0.16 ac (7,056 SF)
Zoning code
WHR3*
APN
8141-012-010
UPID
US09-8023662
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
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.28M
Owner & transaction history
Sameer K Rakholia · 1 yrs held
Sameer K Rakholia
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
WHR3* · Whittier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+79.7%
Auto repair, garage
$1.2M
+54.3%
Neighborhood: shopping center
$1.1M
+43.2%
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
$1,290,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$770,000
Current use
MEDICAL BUILDING
$1,385,000
Change: +80% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,190,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,105,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$935,000
Change: +22% · Conversion: Moderate
RETAIL STORES
$890,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$855,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.64M (Mar 17 2025)
Last sale anchor
$1.64M
Mar 17 2025
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
$420 / 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
$17,333
Tax year 2024
Assessed value
$1,378,360
Assessed 2024
Previous assessed
$1,378,360
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$765,000
Assessed improvement
$613,360
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
5
Bathrooms
5
Total area
3,046 SF
Lot
0.16 ac (7,056 SF)
Zoning code
WHR3*
APN
8141-012-010
UPID
US09-8023662
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WHR3* · Whittier, CA
Zoning WHR3* · permitted uses
WHR3* · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$770,000
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$935,000
RETAIL STORES
Est. value
$890,000
WAREHOUSE, STORAGE
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
5
Bathrooms
5
Lot
0.16 ac
Current owner
From public records · entity-resolved
Sameer K Rakholia
Individual
Mailing address
11668 SWAN LK DR, SAN DIEGO, CA 92131-6143
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2025
$1,638,000
Sameer K Rakholia
The Patel Family Trust
Grant Deed
$800,000 · Credit Union Of Southern California
Jun 17, 2025
—
Sameer K Rakholia
Allison Rakholla
Deed
related
—
Mar 31, 2023
$1,350,000
Bimal V Patel
Jose Luis Arevalo SR.
Grant Deed
$770,000 · Credit Union Of Southern California
Dec 18, 2018
—
Arevalo Family Trust
Arevalo,jose L & Emilia
Quit Claim Deed
related
—
Jan 13, 2017
—
Alfred T Velasco
Diaz,guadalupe
Affidavit Of Death
—
Jan 13, 2017
$864,500
Jose L Arevalo
Diaz Family Trust
Grant Deed
—
Dec 2, 1993
—
Lupe Diaz
Velasco,a T&d V
Quit Claim Deed
related
—
—
—
Diaz Trust
—
Deed Of Trust
related
$50,000 · Community Thrift & Loan
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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