4471 Whittier Boulevard

    Los Angeles (City), CA 90022
    • $729,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: CV19173399
    UPDATED: 22 min ago
    $729,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,627
      SQFT
    • $201
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Back into the Market!! Location, Location, Location! Conveniently Located in the Heart of East LA. Excellent Opportunity on This Centrally Located Commercial Building on a Busy Street With a Lot of Foot Traffic. Property is One Large Unit With a Tenant Improvement Give You 3 Units of Retail Space. Each Unit Has Restroom. One Space is Currently Rented For $1500/month; Other Two Units Are Vacant. Legally Two Units, one unit is converted into two units. Huge Storage in the back which is permitted. Potential Annual Gross Income is $65,000 Based on Current Market Lease Price Per Sq Ft in That Area. Capitalization Rate 6.8% approx. The commercial Units Are Facing Whittier Blvd. Building May Be Converted For Single Occupant. Gated Lot in Rear Provides Parking and Additional Storage. This is an ideal Investment or For an Owner or User. This Property is Ideally Located Within a Redeveloped Zone. Owner and Tenants Can Benefit From Recent Capital Improvements in The Surrounding Area Including Newer Street Benches, Trash Receptacles, and Street Signage. This Property is Conveniently Located off the 710 Freeway, and a Short Commute to Downtown Los Angeles. This-Single Story Building Allows For Various Other Uses; Medical, Veterinary, Dental, Office, Retail, Insurance, Real Estate and Creative Arts to Name a Few. Once in a Lifetime Opportunity. Buyer To Verify And Approve All Current Aspects Of The Property Including Square Footage, Permits And Best use of Land. A MUST SEE!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T19:40:33.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/97140665

    4471 Whittier Boulevard Los Angeles (City), CA 90022

    • Price: $729,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: CV19173399
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,627
    SQFT
    $201
    $/SQFT
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Back into the Market!! Location, Location, Location! Conveniently Located in the Heart of East LA. Excellent Opportunity on This Centrally Located Commercial Building on a Busy Street With a Lot of Foot Traffic. Property is One Large Unit With a Tenant Improvement Give You 3 Units of Retail Space. Each Unit Has Restroom. One Space is Currently Rented For $1500/month; Other Two Units Are Vacant. Legally Two Units, one unit is converted into two units. Huge Storage in the back which is permitted. Potential Annual Gross Income is $65,000 Based on Current Market Lease Price Per Sq Ft in That Area. Capitalization Rate 6.8% approx. The commercial Units Are Facing Whittier Blvd. Building May Be Converted For Single Occupant. Gated Lot in Rear Provides Parking and Additional Storage. This is an ideal Investment or For an Owner or User. This Property is Ideally Located Within a Redeveloped Zone. Owner and Tenants Can Benefit From Recent Capital Improvements in The Surrounding Area Including Newer Street Benches, Trash Receptacles, and Street Signage. This Property is Conveniently Located off the 710 Freeway, and a Short Commute to Downtown Los Angeles. This-Single Story Building Allows For Various Other Uses; Medical, Veterinary, Dental, Office, Retail, Insurance, Real Estate and Creative Arts to Name a Few. Once in a Lifetime Opportunity. Buyer To Verify And Approve All Current Aspects Of The Property Including Square Footage, Permits And Best use of Land. A MUST SEE!
    Exterior Features

    Lot Features Rectangular LotLevelValue In Land Lot Size Source Assessor Lot Size Units Square Feet Roof CompositionRolled/Hot Mop

    Interior Features

    Condo Area Units Square Feet Heating None Heating YN No Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Shahid Rahman of Alam Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T19:40:33.69. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
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