8026 Comstock Ave - Multi-Family FOR SALE


Whittier, CA 90602- Whittier City
$1,299,000 USD
213-864-2862
8026 Comstock Ave, Whittier, CA for Sale
$1,299,000 USD
Multi-Family - FOR SALE
1/4
null | 5.55% Cap Rate

8026 Comstock Ave
Whittier, CA 90602
Whittier City


HIGHLIGHTS

  • Located in the highly desirable rental market of Whittier, CA
  • No Rent Control (other than AB1482)
  • Unit Mix includes (1) 3BD/1BA house and (3) 2BD/1BA units
  • Average Household Income within a 1-mile radius is $115,000+/-
  • Private driveway and carport parking available for tenant use

OVERVIEW

The Swanson Team proudly presents a well-located fourplex investment opportunity at 8026 Comstock Avenue in Uptown Whittier, offering four units totaling approximately 3,300 square feet on a 6,822 square foot lot, built in 1962. The property consists of a desirable unit mix of one 3-bedroom, 1-bath single-family home and three 2-bedroom, 1-bath units, supported by a private driveway and carport parking. Positioned in a strong rental market with average household incomes exceeding $115,000 within a one-mile radius and no local rent control beyond AB 1482, the asset benefits from consistent tenant demand and long-term stability. Financially, the offering is priced at $1,299,000 ($324,750 per unit and $394 per square foot), presenting an attractive entry basis below comparable sales, with an in-place cap rate of 5.55% and upside to approximately 6.65% on a pro forma basis. Current annual income is approximately $107,316 with the potential to increase to over $122,000 through rent growth and RUBS implementation, while maintaining reasonable operating expenses. Located in a highly accessible corridor between Los Angeles and Orange County, the property offers investors a compelling combination of stable cash flow, rental upside, and long-term appreciation potential in one of Southeast Los Angeles County’s most established and desirable rental markets.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

4

PRICE/UNIT

$324,750

CAP RATE

5.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Comstock

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

8141-036-013

ASK ABOUT THIS PROPERTY

Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

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Pat SwansonStream Realty Partners, LPMore Info
213-864-2862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.