NOT LISTED FOR SALE
8 Beds
8 Baths
5,286 Sq Ft
7,001 Sq Ft Lot

Last Sold December 19, 2017

Last sale price $1,500,000 $284 Per Sq Ft

54 Days on Market

About This Home

As of December 2017

7353 Comstock is an 8-unit non rent control multifamily investment opportunity situated in a PRIME RENTAL LOCATION in the highly desirable Uptown Whittier area. Uptown Whittier is an eclectic, vibrant, business and entertainment destination filled with many shops, antique stores, restaurants, cafes and a local move theater. This freshly painted, secured and well-maintained building is a short stroll to retail, dining and entertainment on historic Greenleaf Avenue. The City of Whittier central library, community development center and parks are also close by and Whittier College is less than 1 mile away. Each unit comes with 2 tandem parking spaces. The on-site laundry facility was recently remodeled. Each unit is separately metered for gas and electric. This building offers SUBSTANTIAL RENTAL UPSIDE and is an excellent opportunity to add value.

Last Agent to Sell the Property

Nada Lahoud

Fifth Avenue Realty License #01231929 Listed on: 08/18/2017

Last Buyer's Agent

UNKNOWN CARETS Reciprocal CLAW

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,001

Interior Spaces

  • 5,286 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 16 Parking Spaces
  • Attached Carport

Additional Features

  • 7,001 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 8141-007-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5286
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 297.96

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 8
  • Covered Parking: 8
  • Parking Garage: Carport Attached
  • Total Parking: 16

Utilities

  • Cooling: Wall Unit(s)
  • Electric Expense: 480.00
  • Water Expense: 4344.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 180.00
  • Insurance Expense: 2250.00
  • Maintenance Expense: 4800.00

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 587200
  • Assessed Land Percent: 60.00
  • Assessed Land Value: 880800
  • Total Assessed Value: 1468000
  • Assessor Parcel Number: 8141-007-011
  • Geocode Override: No
  • Lot Size Area: 7001

Rental Info

  • Number Leased: 8
  • Land Lease Type: Fee
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 17.58
  • Number Of Units: 8
  • Number Wall A C: 8
  • Rent Control: 0.00
  • Type Of Units: Residential
  • Vacancy Allow Percent: 4.00

Tax Info

  • Tax Expense: 18438.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $1,500,000 -4.8% $284 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $1,575,000 -3.1% $298 / Sq Ft
09/20/2017 09/20/17 For Sale $1,625,000 0.0% $307 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $1,625,000 -- $307 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,201 $1,851,354 $1,058,178 $793,176
2024 $23,201 $1,815,054 $1,037,430 $777,624
2023 $22,539 $1,765,466 $1,017,089 $748,377
2022 $20,661 $1,608,301 $997,147 $611,154
2021 $20,011 $1,576,767 $977,596 $599,171
2019 $19,679 $1,530,640 $948,600 $582,040
2018 $19,360 $1,500,640 $930,000 $570,640
2017 $18,821 $1,468,000 $880,800 $587,200
2016 $4,048 $179,119 $43,771 $135,348
2015 $3,958 $176,429 $43,114 $133,315
2014 $3,925 $172,974 $42,270 $130,704
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-262046

The MLS
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