NOT LISTED FOR SALE

7610 Comstock Ave Whittier, CA 90602

Estimated Value: $1,006,000 - $1,316,000

7 Beds
6 Baths
3,430 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $940,000 $274 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,820/month

6 Days on Market

Highlights

  • No HOA
  • Park
  • 1-Story Property
  • Hiking Trails
  • Laundry Room

About This Home

As of October 2023

Multi Family Investment Opportunity!

This area boasts a high demand for housing, making it an attractive option for prospective residents. The convenience of nearby shopping centers, dining establishments, transportation routes, and recreational facilities adds to its demand, ensuring a sought after living experience for future tenants. Investing in multi family units promises the possibility of a steady rental income and long-term appreciation, making it a smart decision for those seeking financial growth. This 4 unit multi family investment is walking distance from the popular Uptown Whittier area, where over 60 restaurants, shops and bars are located. This area also boasts a movie theatre, additional access to shopping and also houses Whittier College and Whittier High School.

Last Agent to Sell the Property

Hannah Johnson

Berkshire Hathaway HomeServices California Properties License #02163166 Listed on: 08/09/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Cristobal Lomeli

Berkshire Hathaway HomeServices California Properties License #02022940

Last Buyer's Agent

Hannah Johnson

Berkshire Hathaway HomeServices California Properties License #02163166 Listed on: 08/09/2023

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,100

Year Built

  • Built in 1903

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 5 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,430 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 501
  • Assessor Parcel Number 8141013022

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $1,500
  • Gardener Expense $1,014
  • Insurance Expense $1,500
  • Pest Control $720
  • Supplies Expense $3,000
  • Trash Expense $3,960
  • Water Sewer Expense $4,100
  • Operating Expense $16,994
  • Gross Income $48,552
  • Net Operating Income $31,558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,100

Year Built

Built in 1903

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.29
  • Price Per Unit: 240000
  • Property Attached: Yes
  • Supplies Expense: 3000.00
  • Water Sewer Expenses: 4100.00
  • Zoning: WHR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1014.00
  • Parcel Number: 8141013022
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 274.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Pest Control Expense: 720.00
  • Sewer: Public Sewer
  • Trash Expense: 3960.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607
  • Latitude Manual: 33.97319500

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 1500.00
  • Gross Income: 48552.00
  • Gross Scheduled Income: 48552.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 31558.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16994.00
  • Rent Control: Yes
  • Total Expenses: 16994.00

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 501...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Ronald And Joan Woodward Living Trust
Bought by
Dong Charles and Kuo Helen
Total Days on Market
6
Current Estimated Value
$1,110,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Whittier, CA

  • 5830 Newlin Ave, Whittier, CA 90601

    $900,000

    • 6 Beds
    • 4 Baths
    • 2,368 Sq Ft
    • 5830 Newlin Ave
    • Whittier, CA

    Opportunity Knocks in the Heart of Whittier!Welcome to a rare investment opportunity with tons of upside potential! Tucked into a charming Whittier neighborhood close to schools, parks, shops, and all the local favorites, this duplex offers the perfect setup for a smart investor or someone looking to build long-term wealth.The front home features a comfortable 3-bedroom, 2-bath layout with a

    Mike Bridges EXP REALTY OF CALIFORNIA INC.

    Section Image
  • 12718 Shreve Rd, Whittier, CA 90602

    $1,250,000

    • 8 Beds
    • 4 Baths
    • 2,703 Sq Ft
    • 12718 Shreve Rd
    • Whittier, CA

    This triplex offers a total of 2,703 square feet of living space, each with its own address, situated on a massive lot of over 9,867 square feet. The property consists of multiple rental units generating strong monthly income, great for investors seeking long-term returns. Each unit has a garage for parking and storage. All units are occupied with reliable income. Situated in a desirable Whittier

    Jonson Nguyen HOMEGROWN WEALTH INC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dong Charles $940,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dong Charles $658,000
Previous Owner Woodward Ronald J $162,071
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $940,000 -2.1% $274 / Sq Ft
08/09/2023 08/09/23 For Sale $960,000 -- $280 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $11,100 $850,000 $600,000 $250,000
2023 $6,977 $461,720 $238,075 $223,645
2022 $6,565 $452,667 $233,407 $219,260
2021 $6,444 $443,792 $228,831 $214,961
2020 $6,704 $439,242 $226,485 $212,757
2019 $6,316 $430,631 $222,045 $208,586
2018 $6,285 $422,189 $217,692 $204,497
2016 $5,773 $405,797 $209,240 $196,557
2015 $5,816 $399,703 $206,098 $193,605
2014 $5,459 $391,874 $202,061 $189,813
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23147894

California Regional Multiple Listing Service (CRMLS)

APN: 8141-013-022