$988,000

2422 Whittier Boulevard, Montebello 90640

3,622

Lot Size

Listing Agent
Aaron Manza - KW Executive

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!

Facts & Features

MLS® # WS24009631
Price $988,000
Bathrooms 0.00
Lot Size 3,622
Year Built 1948
Type Commercial Sale
Sub-Type Retail
Status Active
# Of Units 1

Community Information

Address 2422 Whittier Boulevard
Area 674 - Montebello
City Montebello
County Los Angeles
Zip Code 90640

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description 0-1 Unit/Acre

Additional Information

Date Listed January 16th, 2024
Days on Market 112
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAaron Manza
OfficeKW Executive

Listing Map

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