Montebello, CA 90640 2322 2320 W Whittier Boulevard

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Presented By: Ricardo Ceballos Jr. with Circle Real Estate; 562-760-2469
  • MLS# DW23192766
  • 10/16/2023
  • Request Tour
  • Request Info
  • BedBeds • 1
  • BathBaths • 1
  • FootageSQFT • 1,620
  • GarageGarage • 2

Home Details

This property embodies the quintessential vision of any astute investor; its prospects for development are nothing short of boundless. It has three lots, each with its own individual Assessor's Parcel Number (APN) identifiers, as Parking Lot 2,515 soft. 6343-022-029. Center Lot is 2,538 sqft. 6343-022-028, and right lot is 2533 sqft with the 440 sqft building 6343-022-027 Lot one is the parking lot, all yours to use or build on. The property's confines terminate to the left near the black fence. Additionally. The second lot in the center consists of three structures, storefront building occupies the premises, housing two studio apartments with new restrooms and kitchenettes. The second behind is a 2 story building with two studio apartments, one on the first floor and one on the second floor., one tenanted under the Section 8 housing program. The garage situated at the rear is also profitably rented out for use as a shop with a restroom (This will be vacant at close), further enhancing the income potential of this unique real estate venture. To round off this multifaceted investment, this expansive property on the right is an office, complete with an adjoining restroom. Including a large parking lot behind the building.
Presented By: Ricardo Ceballos Jr. with Circle Real Estate; 562-760-2469

Interior Features for 2322 2320 W Whittier Boulevard

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 2322 2320 W Whittier Boulevard

Additional Parcels Description6343022027, 6343022029
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMontebello
Community FeaturesSuburban
ContingencyThe property may be part of a 1031 exchange.
CoolingCentralAir
CountyLos Angeles
Days on Market201
DirectionsWest on Whittier blvd, address 2320-2322 W. Whittier Blvd and the Parking lot.
Electric Expense1500.0
Entry LocationStreet
Fuel Expense160.0
Garage Spaces2.0
Garage Y/NYes
Gross Income70464.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsItem1031Exchange
Lot Size Square Feet7586.0
MLS Area674 - Montebello
MobileHomeRemainsYNNo
Net Operating Income67608.0
New ConstructionNo
Number of Units Leased5
Open Parking Spaces14.0
Operating Expense2856.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerSewerTapPaid
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameWhittier
Tax Lot6
Total Actual Rent5972.0
Total Units5
Trash Expense750.0
View Y/NNo
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
ZoningMNC2*

Exterior for 2322 2320 W Whittier Boulevard

Building Area Total1620.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1742
Lot Size Area7586.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking16.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,188,800
MLS#DW23192766
List Date 10/16/2023
Property Type Multi-Family
Phone 714.964.3311
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