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7333 Comstock Avenue, Whittier, California 90602, Whittier, 90602 - bed, bath

7333 Comstock Avenue, Whittier, California 90602 home-pic-0
ACTIVE$2,549,000
7333 Comstock Avenue, Whittier, California 90602
0Bed
0Bath
6,499Sqft
7,142Lot
Year Built
1962
Close
-
List price
$2.55M
Original List price
$2.7M
Price/Sqft
$392
HOA
-
Days on market
-
Sold On
-
MLS number
DW25117731
Home ConditionFair
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros.

Welcome to the Comstock Manor Apartments of Whittier, a charming multi-family property nestled in the heart of Uptown Whittier. This impressive 9-unit complex spans a generous 6,500 square feet, situated on a 7,140 square foot lot. The property features a beautifully designed two-story garden-style apartment building complemented by an excellent dedicated parking space offering 9 convenient surface parking spaces. The unit configuration includes (4) spacious two-bedroom, one-bath units and (4) one-bedroom, one-bath units, alongside (1) comfortable manager's studio. Residents will appreciate the convenience of a separate shared laundry room, 24/7 remote video surveillance, and direct access to public transportation. With current rental rates below the market average, this property presents a promising opportunity for potential investors looking to maximize returns. The apartments are strategically located in a vibrant and sought-after area of Uptown Whittier, celebrated for its historic charm and diverse mix of trendy shops, delightful restaurants, and inviting entertainment venues. This is a unique chance to acquire a highly desirable multi-family asset in one of the city’s most accessible and appealing neighborhoods – a perfect addition to any investor's portfolio that seeks to flourish in a thriving community.

Price History

Date
Event
Price
11/07/25
Price Change
$2,549,000-2.0%
10/05/25
Price Change
$2,599,950-3.7%
05/27/25
Listing
$2,699,950
03/25/22
Sold
$2,615,000
06/29/18
Sold
$1,808,000
06/07/13
Sold
$1,265,012
Condition Rating
Fair
Built in 1962, the property's exterior appears well-maintained, but the interior units, particularly the kitchen, are significantly outdated. The kitchen features dated dark brown cabinets, older countertops, and basic appliances, suggesting renovations from 15-30 years ago or older. Bedrooms have older carpeting and basic light fixtures. While functional, the property requires substantial cosmetic and potential system updates to meet modern tenant expectations and achieve market-rate rents, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Prime Location: The property is strategically located in the heart of Uptown Whittier, a vibrant and sought-after area known for its historic charm, diverse shops, restaurants, and entertainment venues, ensuring strong tenant demand.
Significant Value-Add Opportunity: Current rental rates are explicitly stated to be below market average, presenting a clear and promising opportunity for investors to maximize returns through rent optimization and potential unit upgrades.
Desirable Unit Mix: The complex offers a balanced configuration of (4) two-bedroom, one-bath units, (4) one-bedroom, one-bath units, and (1) manager's studio, appealing to a broad range of potential tenants.
Key Tenant Amenities & Security: Residents benefit from dedicated parking (9 spaces), a separate shared laundry room, 24/7 remote video surveillance, and direct access to public transportation, enhancing convenience and safety.
Robust Investment Asset: Described as a 'highly desirable multi-family asset' in a 'thriving community,' this property is well-positioned for long-term portfolio growth and stability.

Cons

Property Age & Potential Deferred Maintenance: Built in 1962, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC) may be original or outdated, potentially requiring significant capital expenditures in the near future.
Immediate Cash Flow Sub-Optimization: While offering upside, the current below-market rents mean the property is not generating its full income potential, requiring active management and investment to achieve market-rate cash flow.
Unspecified Unit Interior Condition: The description focuses on common areas and exterior, lacking details on the interior condition or recent updates of individual units, which could imply additional renovation costs for an investor aiming to raise rents.

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