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$2,050,000

Beds
Unknown
sq ft
Unknown

7757 Comstock Ave, Whittier, CA 90602

7757 Comstock Ave

Whittier, CA 90602

  • 13 days on market
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.

Details

Property type

Apartment

Lot size

6,969.6 sq ft

Price per sq ft

Unknown

Year built

1965

HOA

No

Price History

02/10/2025
CRMLS

CRMLS #OC25029849

Listed
$2,050,000
+8.75%
11/04/2020
CRMLS

CRMLS #OC20149096

Sold
$1,885,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

Status: Active

Tomo last checked: 02/23/2025 at 8:20 PM

Listing updated: 02/10/2025 at 9:54 AM

Listed by: Tyler Leeson, Marcus & Millichap RE Invest Phone #: (949) 419-3200

MLS: CRMLS #OC25029849

CRMLS logo

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