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600 W Whittier Boulevard

Montebello, CA 90640
  • $988,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: CV21227627
UPDATED: 46 min ago
$988,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Listing provided courtesy of Michael Cirrito of Home Free Realty

Description

Well located mixed use property with retail store front on first floor and 4 studio apartments on second floor. Several of the studio apartments have been upgraded. All studios are rented and paying. Store front tenant is on month to month tenancy. Whittier Blvd corridor undergoing redevelopment. Property is on corner lot and has very good street visibility and signage. Seller will consider financing with 50% down payment.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T10:32:21.01. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/122354619
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600 W Whittier Boulevard Montebello, CA 90640

  • Price: $988,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 46 min ago
  • ID#: CV21227627
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1925
Built
Neighborhood:
674 - Montebello
County:
Los Angeles
Area:
674 - Montebello
Property Description
Well located mixed use property with retail store front on first floor and 4 studio apartments on second floor. Several of the studio apartments have been upgraded. All studios are rented and paying. Store front tenant is on month to month tenancy. Whittier Blvd corridor undergoing redevelopment. Property is on corner lot and has very good street visibility and signage. Seller will consider financing with 50% down payment.
Exterior Features

Carport Spaces 0 Construction Materials Stucco Fencing Chain Link Lot Features 0-1 Unit/AcreCorner LotLevelStreet LevelWalkstreet Parking Total 0 Roof FlatRolled/Hot Mop

Property Features

Additional Parcels YN No Cap Rate 4.47 Common Interest None Current Financing None Electric Standard Electric Expense 400 Gross Scheduled Income 71040 Insurance Expense 2650 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashCash To New Loan1031 ExchangeOwner May Carry Maintenance Expense 2250 Net Operating Income 44190 Number Of Units Leased 5 Operating Expense 24350 Property Sub Type Mixed Use Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Tax Annual Amount 11342 Tax Year 2021 Trash Expense 1500 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedOverhead Utilities Vacancy Allowance 2131 Vacancy Allowance Rate 3 Water Sewer Expense 1600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T10:32:21.01. 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 Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing provided courtesy of Michael Cirrito of Home Free Realty