$1,200,000
SOLD SEP 8, 2023

7924 Comstock Ave Whittier, CA 90602

8 Beds
6 Baths
4,090 Sq Ft
5,585 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

4% Below List Price

40 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 4 Car Garage

About This Home

As of September 2023

Great opportunity for a first time investor or seasoned investor looking to increase their portfolio. Check out this four (4) unit income property located in desired North Whittier area outstanding location NEAR THE COLLEGE! Features a few recent upgrades. Has shared laundry room coin operated. Features 4 garages. All units are currently rented. Also see 7920 Comstock Ave, seller purchased both together and both will be sold together.

Last Agent to Sell the Property

Karen Mayer

KM Consulting, Inc. License #01084135 Listed on: 04/30/2023

Last Buyer's Agent

Constandinos Vagenas

Goldstone Group License #01947555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,731

Year Built

  • Built in 1964

Lot Details

  • 5,585 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Apartment
  • Slab Foundation

Interior Spaces

  • 4,090 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 62
  • Assessor Parcel Number 8141027008

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Gardener Expense $1,000
  • Insurance Expense $1,200
  • Pest Control $1,000
  • Trash Expense $2,100
  • Water Sewer Expense $1,000
  • Operating Expense $8,100
  • Gross Income $80,994
  • Net Operating Income $73,894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,731

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: Cell
  • Other Phone Number: 5624542734
  • Price Per Unit: 312500
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: WHR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 8141027008
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 293.40

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1000.00
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5585.00
  • Lot Size Acres: 0.1282

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 80993.80
  • Gross Operating Income: 80993.80
  • Gross Scheduled Income: 80994.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5585.0000 Square Feet
  • Net Operating Income: 73893.88
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7100.00
  • Rent Control: No
  • Total Actual Rent: 6749.49
  • Total Expenses: 8100.00

Tax Info

  • Tax Census Tract: 5018.03
  • Tax Lot: 10
  • Tax Tract Number: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Sep 6, 2023
Sold by
Fruto Ronnie R and Fruto Min S
Bought by
Woodbury6 Llc
Seller's Agent
Karen Mayer
KM Consulting, Inc.
Buyer's Agent
Constandinos Vagenas
Goldstone Group
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Total Days on Market
40
Views
80
Current Estimated Value
$1,285,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,291
Avg. Annual Appreciation
4.00%
Original Mortgage
$840,000
Outstanding Balance
$825,703
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$459,588

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 4, 2022
Sold by
Deng Mao and Deng Monica
Bought by
Fruto Ronnie R and Fruto Min S
Seller's Agent
Harry Shang
GREAT WALL REALTY, INC.
Buyer's Agent
Karen Mayer
KM Consulting, Inc.
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.80%
Original Mortgage
$937,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2014
Closed on
Feb 12, 2014
Sold by
Vo Kevin Q
Bought by
Mao Karun and Mao Monica Deng
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$1,460,000
Sold Price
$675,000
Premium/Discount to List
-$785,000
-53.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$506,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2002
Sold by
Beyer Frederick J
Bought by
Vo Kevin Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.09%
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 Type Sale Price Title Company
Grant Deed $1,200,000 Old Republic Title Company
Grant Deed $1,250,000 New Title Company Name
Grant Deed $675,006 Wfg Title Company
Grant Deed $380,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $937,500 New Conventional
Previous Owner $506,000 New Conventional
Previous Owner $409,000 Unknown
Previous Owner $420,000 Unknown
Previous Owner $284,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $1,200,000 -4.0% $293 / Sq Ft
08/09/2023 08/09/23 For Sale $1,250,000 0.0% $306 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $1,250,000 -16.7% $306 / Sq Ft
04/30/2023 04/30/23 For Sale $1,500,000 +20.0% $367 / Sq Ft
03/30/2022 03/30/22 Sold $1,250,000 -10.7% $306 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $1,400,000 +107.4% $342 / Sq Ft
02/24/2014 02/24/14 Sold $675,000 -53.8% $165 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $1,460,000 -- $357 / 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 $14,731 $1,200,000 $700,000 $500,000
2023 $23,189 $1,952,280 $1,366,800 $585,480
2022 $10,205 $779,725 $433,180 $346,545
2021 $9,975 $764,437 $424,687 $339,750
2019 $9,777 $741,766 $412,092 $329,674
2018 $9,560 $727,222 $404,012 $323,210
2016 $9,173 $698,985 $388,325 $310,660
2015 $8,967 $688,486 $382,492 $305,994
2014 $6,242 $448,954 $118,144 $330,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23071477

California Regional Multiple Listing Service (CRMLS)

APN: 8141-027-008