7757 Comstock Avenue, Whittier, CA 90602 - MLS#OC25029849

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,050,000

Est. payment | -/mo

6 Beds

4 Baths

6,969 Sqft Lot

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$ 2,050,000

Est. payment | -/mo

Save

6 Beds

4 Baths

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25029849

Bedrooms 6

HOA Y/N No

Lot Size 6,969 Sqft

Property Sub-Type Res Income 2-4 Units

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
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.

Location

State CA

County Los Angeles

Area Whittier (90602)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Others

Monthly Total Fees $243

Acceptable Financing Cash, Conventional, Exchange

Space Rent $10,605

Listing Terms Cash, Conventional, Exchange

Listed by Tyler Leeson • Marcus & Millichap RE Invest

+1(619) 302-3010

matt@homecrave.com

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7757 Comstock Avenue Whittier, CA 90602