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7757 Comstock Avenue

Whittier, CA 90602
  • $2,050,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: OC25029849
$2,050,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing Agent(s): Tyler Leeson of Marcus & Millichap RE Invest (949-419-3200)


Description

7757 Comstock Avenue is an 8-unit multifamily investment property located in Whittier, California. Situated on a 0.16-acre lot, 7757 Comstock Avenue offers a diverse mix consisting of one, two, and three-bedroom floor plans. Amenities at the property include an on-site laundry facility as well as ample garage and tuck-under parking. Situated just north of Whittier Avenue, 7757 Comstock Avenue places residents blocks away from a plethora of shops, restaurants, and entertainment destinations in Uptown Whittier. The property is within half-a-mile of PIH Health Whitter Hospital, the top employer in the city with 3,500 physicians and staff members. Additionally, 7757 Comstock Avenue is located just over 0.50 miles from Whittier College, an economic and housing driver for the area. Furthermore, residents enjoy the properties close proximity to an abundance of everyday needs at the Quad at Whittier and The Groves, a recently developed 150,000+ square foot retail center. The Whittier submarket is among the strongest performing areas in Los Angeles County, with an average occupancy of 97 percent (Q2 2024) and a projected average effective rent increase of 5.0 percent (year-over-year through 2028), demonstrating the strong demand for rental housing. With current rents well below market, a new owner has the potential to modernize interiors and enhance exterior aesthetics, capitalizing on strong tenant demand for upgraded living spaces. Recent market data confirms the continued demand for well-located workforce housing, making this an attractive, cash-flowing opportunity with immediate upside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160203014
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7757 Comstock Avenue Whittier, CA 90602

  • Price: $2,050,000
  • Status: Active
  • On Site: 33 Days
  • ID#: OC25029849
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1965
Built
Neighborhood:
670 - Whittier
County:
Los Angeles
Area:
670 - Whittier
Property Description
7757 Comstock Avenue is an 8-unit multifamily investment property located in Whittier, California. Situated on a 0.16-acre lot, 7757 Comstock Avenue offers a diverse mix consisting of one, two, and three-bedroom floor plans. Amenities at the property include an on-site laundry facility as well as ample garage and tuck-under parking. Situated just north of Whittier Avenue, 7757 Comstock Avenue places residents blocks away from a plethora of shops, restaurants, and entertainment destinations in Uptown Whittier. The property is within half-a-mile of PIH Health Whitter Hospital, the top employer in the city with 3,500 physicians and staff members. Additionally, 7757 Comstock Avenue is located just over 0.50 miles from Whittier College, an economic and housing driver for the area. Furthermore, residents enjoy the properties close proximity to an abundance of everyday needs at the Quad at Whittier and The Groves, a recently developed 150,000+ square foot retail center. The Whittier submarket is among the strongest performing areas in Los Angeles County, with an average occupancy of 97 percent (Q2 2024) and a projected average effective rent increase of 5.0 percent (year-over-year through 2028), demonstrating the strong demand for rental housing. With current rents well below market, a new owner has the potential to modernize interiors and enhance exterior aesthetics, capitalizing on strong tenant demand for upgraded living spaces. Recent market data confirms the continued demand for well-located workforce housing, making this an attractive, cash-flowing opportunity with immediate upside.
Exterior Features

Carport Spaces 3 Carport YN Yes Entry Level 1 Entry Location First level Lot Features Street Level Number Of Separate Electric Meters 8 Parking Total 9 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.62 Common Interest Community Apartment Community Features CurbsGutter(s)Sidewalks Electric Expense 2485 Fuel Expense 2485 Garage YN Yes Gross Income 181682 Gross Scheduled Income 175682 Insurance Expense 7200 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Maintenance Expense 5600 Net Operating Income 115111 New Construction YN No New Taxes Expense 22986 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 61300 Other Expense 8518 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2485 Vacancy Allowance 5270 Vacancy Allowance Rate 3 Water Sewer Expense 2485 Water Source Public Zoning WHR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Tyler Leeson of Marcus & Millichap RE Invest (949-419-3200)