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8026 Comstock Ave
Whittier, CA 90602
The Comstock · Multifamily Property For Sale
·
4 Units


Investment Highlights
- Located in the highly desirable rental market of Whittier, CA
- Unit Mix includes (1) 3BD/1BA house and (3) 2BD/1BA units
- Private driveway and carport parking available for tenant use
- No Rent Control (other than AB1482)
- Average Household Income within a 1-mile radius is $115,000+/-
Executive Summary
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.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $3,692 CAD | 1,100 |
| 2+1 | 3 | $2,866 CAD | 733 |
Property Taxes
| Parcel Number | 8141-036-013 | Improvements Assessment | $468,408 CAD |
| Land Assessment | $433,708 CAD | Total Assessment | $902,116 CAD |
Property Taxes
Parcel Number
8141-036-013
Land Assessment
$433,708 CAD
Improvements Assessment
$468,408 CAD
Total Assessment
$902,116 CAD
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