7052 Bright Avenue, Whittier, California 90602, Whittier, 90602 - bed, bath
7052 Bright Avenue
Whittier, California 90602
Property Price
SUMMARY
Analysis of 7052 Bright Avenue, Whittier, California 90602 is currently available with a list price of $849,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Whittier Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1903, this property is explicitly described as being in 'very bad condition' and has received a 'Notice of Violation' from the police department, indicating significant safety or code issues. The images confirm severe neglect and disrepair, including a tarp on one roof, extensive wall cracks, extremely dirty and damaged flooring, an old and potentially faulty water heater, and general unlivable conditions. The property appears to be beyond economical repair, with its value likely residing solely in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Duplex Configuration
The property features two separate buildings (4 bed/2 bath and 1 bed/1 bath), offering a versatile residential income opportunity with distinct living spaces.
- Income Potential
With two separate units, the property presents significant rental income potential, appealing to investors or multi-generational families.
- Historic Character
Built in 1903, the property possesses inherent historic charm and architectural character, offering a unique canvas for restoration.
CONSRISKS & DEFICIENCIES
- Extremely Poor Condition
Explicitly described as being in 'very bad condition,' necessitating extensive and costly renovations throughout the entire property.
- Short Sale & Financing Hurdles
The transaction is a short sale requiring lender approval, and the property's condition may prevent conventional financing, severely limiting the buyer pool.
- Legal & Code Violations
A 'Notice of Violation' from the Whittier Police Department indicates existing legal or code compliance issues that require immediate attention and resolution.
About 7052 Bright Avenue
This is a Short Sale transaction subject to Lender Approval. Property is very bad condition and may not qualify for financing. This is a Duplex with 2 separate buildings. 7052 is the front unit with 4 bedrooms and 2 bathrooms. 7054 is the back unit with 1 bedroom and 1 bathroom. ***A Notice of Violation has been served to occupants from Whittier Police Department (see supplement)***
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1903
- Lot Size
- 6,549 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,212 | 2,243 | 50% |
| Lot Size | 6,549 | 6,846 | 33% |
| Price | $849.0K | $907.5K | 17% |
| Price per sq ft | $384 | $423 | 33% |
| Built year | 1903 | 1931 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 386 | 191 | 0% |
Pricing History
Listed for Sale
Feb 13, 2025
$849,000
Initial Listing
Sold
Nov 13, 2023
$927,000
Public Record