Montebello, CA 90640 2422 W Whittier Boulevard

Presented By: AARON MANZA with KW Executive; 626-921-2599
  • MLS# WS24009631
  • 01/16/2024
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  • FootageSQFT • 2,934

Home Details

Investment Opportunity in the Heart of Montebello! Discover a rare investment opportunity with this versatile mixed-use property nestled in the vibrant heart of Montebello on Whittier Boulevard. The property features three retail spaces, each with unique layouts and high visibility, making it ideal for a variety of businesses. Additionally, a well-appointed rear residential unit provides flexibility for rental income. Key Features: Retail Spaces: Three retail spaces, each offering prime square footage and excellent foot traffic. Perfect for a range of businesses, from boutique shops to service providers. Residential Unit: A comfortable rear residential presenting an attractive rental income opportunity. Location Advantages: Situated in a prime location, this property is close to amenities, public transportation, and major highways. The bustling neighborhood of Montebello ensures a steady flow of potential customers and residents. Income Potential: Explore the income potential of this property with a diversified revenue stream from both retail and residential components. Current leases in place provide immediate returns, while the strategic location promises future growth. Investment Analysis: This mixed-use gem offers a compelling investment opportunity with a solid cap rate, positive cash flow, and an attractive return on investment. The dynamic combination of retail and residential spaces makes it a well-rounded and lucrative venture. Don't miss out on this rare gem – seize the opportunity to make this versatile property your next successful investment!
Presented By: AARON MANZA with KW Executive; 626-921-2599

Interior Features for 2422 W Whittier Boulevard

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, Outside
Street SuffixBoulevard
Total Stories1

Other Rooms

Entry Level1

General for 2422 W Whittier Boulevard

Additional Parcels Description6343-018-041
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeRetail
Carport Y/NNo
CityMontebello
CountyLos Angeles
Current FinancingConventional
Days on Market103
DirectionsEast of Garfield on the North Side of Whittier Blvd.
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Item1031Exchange
Lot Size Square Feet3622.0
MLS Area674 - Montebello
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased4
Occupancy DescriptionTenant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameWhittier
Total Units1
View Y/NNo
Waterfront Y/NNo
Year Built1948

Exterior for 2422 W Whittier Boulevard

Building Area Total2934.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.0831
Lot Size Area3622.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $988,000
MLS#WS24009631
List Date 01/16/2024
Property Type Commercial
Phone 714.964.3311
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