NOT LISTED FOR SALE

7651 Comstock Ave Unit 3 Whittier, CA 90602

Estimated Value: $792,250 - $947,000

3 Beds
3 Baths
1,890 Sq Ft
$469/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $515,000 $272 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,341/month

357 Days on Market

Highlights

  • Property is near a park
  • Private Yard
  • Living Room
  • Bonus Room
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of July 2017

This investment property is located in the heart of the wonderful city of Whittier. Each unit has 1 spacious bedroom, a full bath, and newly remodeled. Each home offers a spacious living room with lots of natural light, freshly painted, and features a nice kitchen with new appliances. There are updated bathrooms, washer/dryer hookups in each unit, a dining area, and new wall A/C's. There is a lovely patio area that is perfect for entertaining and the home is walking distance to all the restaurants and shops Downtown Whittier has to offer. Whittier is a diverse community located adjacent to three major freeways that provide north-south and east-west access to all of Southern California. One unit is 510 sq.ft. and the other two units are approximately 690 sq.ft. With too many amenities to mention please don't miss this great opportunity for a first time buyer or investor!

Last Agent to Sell the Property

Ryan Asao

KW Executive License #01331834 Listed on: 06/13/2016

KW Executive

Last Buyer's Agent

Mark Velasco

West Shores Realty, Inc. License #01789768

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,812

Year Built

  • Built in 1911 | Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • On-Street Parking
  • Parking Lot

Home Design

  • Property Attached
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • Ceiling Fan
  • Custom Window Coverings
  • Blinds
  • Living Room
  • Bonus Room
  • Storage
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Combination Of Heating Systems
  • Wall Furnace
  • Water Heater

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas
  • Tax Lot 11
  • Assessor Parcel Number 8141014012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $878
  • Trash Expense $1,000
  • Water Sewer Expense $1,400
  • Operating Expense $3,278
  • Gross Income $3,850
  • Net Operating Income $42,922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,812

Year Built

Built in 1911 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1400.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 8141014012
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Storage
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Price Per Square Foot: 272.49
  • Room Type: Bonus Room, Living Room
  • Window Features: Blinds, Custom Covering, Drapes

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Parking Space, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Cooktop, Range Hood, Water Heater
  • Heating Type: Wall Furnace, Combination
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Park Nearby, Yard
  • Lot Size Sq Ft: 7000.00
  • Price Per Lot Square Foot: 76.86

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas

Multi Family

  • Gross Income: 3850.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 878.00
  • Net Operating Income: 42922.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3278.00
  • Rent Control: No
  • Total Expenses: 3278.00

Tax Info

  • Tax Lot: 11
  • Tax Annual Amount: 6812.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Robles Ernie and Menald Robert
Bought by
Robles Ernie and Menald Robert
Current Estimated Value
$885,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Outstanding Balance
$305,286
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$580,527

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jun 16, 2017
Sold by
Jaya Investment Llc
Bought by
Robles Ernie and Menald Robert
Seller's Agent
Ryan Asao
KW Executive
Buyer's Agent
Mark Velasco
West Shores Realty, Inc.
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$386,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2016
Sold by
Tran Jamie
Bought by
Jaya Investment Llc

Purchase Details

Closed on
Feb 21, 2014
Sold by
Jaya Investment Llc
Bought by
Tran Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2011
Sold by
Cazares Angel
Bought by
Jaya Investment Llc

Purchase Details

Closed on
Jul 12, 2008
Sold by
Cazares Angel
Bought by
Cazares Angel and Cazares Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
Cazares Antonia
Bought by
Cazares Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Cazares Antonia
Bought by
Cazares Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
8.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 3, 2006
Sold by
Brunner Family Trust
Bought by
Cazares Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
8.5%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Robles Ernie -- Wfg National Title Insurance C
Menald Robert -- Wfg National Title Insurance C
Robles Ernie $515,000 Fatco
Jaya Investment Llc -- First American Title Company
Tran Jamie -- First American Title Company
Jaya Investment Llc -- None Available
Cazares Angel -- None Available
Cazares Angel -- United General Title Ins Co
Cazares Angel -- Investors Title Company
Cazares Angel $525,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menald Robert $376,000
Closed Robles Ernie $0
Previous Owner Robles Ernie $386,250
Previous Owner Tran Jamie $336,000
Previous Owner Cazares Angel $437,500
Previous Owner Cazares Angel $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $515,000 +3.2% $272 / Sq Ft
03/22/2017 03/22/17 Price Changed $499,000 -3.9% $264 / Sq Ft
03/10/2017 03/10/17 For Sale $519,000 +0.8% $275 / Sq Ft
03/01/2017 03/01/17 Off Market $515,000 -- --
09/16/2016 09/16/16 Price Changed $519,000 -3.5% $275 / Sq Ft
09/14/2016 09/14/16 For Sale $538,000 +4.5% $285 / Sq Ft
09/13/2016 09/13/16 Off Market $515,000 -- --
08/08/2016 08/08/16 Price Changed $538,000 -1.8% $285 / Sq Ft
06/13/2016 06/13/16 For Sale $548,000 -- $290 / 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
2025 $7,740 $585,977 $352,725 $233,252
2024 $7,740 $574,488 $345,809 $228,679
2023 $7,469 $563,225 $339,029 $224,196
2022 $7,335 $552,182 $332,382 $219,800
2021 $7,185 $541,356 $325,865 $215,491
2020 $7,014 $535,806 $322,524 $213,282
2019 $6,821 $525,300 $316,200 $209,100
2018 $6,663 $515,000 $310,000 $205,000
2016 $6,972 $528,120 $264,060 $264,060
2015 $6,812 $520,188 $260,094 $260,094
2014 $4,386 $307,388 $245,911 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16128763

California Regional Multiple Listing Service (CRMLS)

APN: 8141-014-012