Growth Investment Group is proud to exclusively offer COMSTOCK MANOR – 7333 Comstock Ave, a 9-unit beautiful garden style apartment investment opportunity located in the City of Whittier, CA. The property is located in the Uptown Whittier just a block from Greenleaf Ave. It is arguably in one the best locations in Whittier as it is within walking distance to plethora of boutique shops, restaurants, public library, city hall, park, hotels, Famers Market, and Whittier College. It is minutes away from PIH Health Whittier Hospital. It has a Walk Score of 92.
COMSTOCK MANOR is an attractive two-story garden style apartment that has ±6500sf building size and situated on a 7280sf lot. It is situated a block from Greenleaf Ave and just across from City of Whittier Public Transportation and DoubleTree by Hilton hotel. It offers an excellent unit mix of four (4) 2bedroom+1bathroom, four (4) 1bedroom+1bathroom, and a studio (non-conforming) unit. Each unit is large and bright with functional layout. Most of the units have had some upgrades including quartz kitchen countertops on some units. Each unit has windows A/C, ceiling fans, tiled bathroom, and combination of wood/tile/carpet floorings. New owner can take the units to the next level and increase the rents to market potential.
Parking is provided by 5 covered spaces in the back, 2 garages in the front, and 2 driveway spaces. The property is separately metered for electricity and gas. It has shared laundry room and secured entrance. The property has been partially updated in 2019. Upgrades including new gate, new fence, new landscaping, new exterior paint. The property offers an easy access to Whittier Blvd and FWY 605.
*Property is a 8 + 1 non-conforming unit building.
Investment Highlights
• SUPERB location a block from Uptown Whittier; walk to restaurants, shops, parks, library, and Whittier College
• Value-add apartment deal with ±15% rental-upside potential
• Near PIH Health Whittier Hospital (largest employer in Whittier)
• Close to public transportation with an excellent access to FWY 605 and Whittier Blvd.
• Attractive garden style apartment and excellent curb appeal, beautifully landscaped
• Excellent unit mix with ±50% are 2 Bedroom units • Well maintained building, including 7 remodeled units
• Secured entrance, covered parking in the back with shared laundry room
• Separately metered for electricity and gas
• Good demographics with ±$75,953 average household income in a-mile radius