7757 Comstock Avenue, Whittier, CA 90602

  • $2,050,000
7757 Comstock Avenue, Whittier, CA 90602
Active
7757 Comstock Avenue, Whittier, CA 90602
7757 Comstock Avenue, Whittier, CA 90602
  • $2,050,000

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.

  • Address 7757 Comstock Avenue
  • City Whittier
  • State/county CA
  • Zip/Postal Code 90602
  • Country US

Details

Updated on April 28, 2025 at 5:18 pm
  • Property ID: OC25029849
  • Price: $2,050,000
  • Property Size: 5573 Square Feet
  • Land Area: 0.16 Acres
  • Garages: 6.0
  • Garage Size: x x
  • Year Built: 1965
  • Property Type: Residential Income, Apartment
  • Property Status: Active

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  • Hoyt Hochman