2422 Whittier Boulevard

Montebello, CA 90640

$988,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $336 / sqft

1948

calendar_month Built

Property Description

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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 2422 Whittier Boulevard
City Montebello
State CA
Zip 90640
County Los Angeles
Listing Agent AARON MANZA DRE#01832050
Courtesy Of KW Executive
MLS WS24009631
List Price $988,000
Status Active
Type Commercial
Subtype Retail
Structure Size N/A
Lot Size N/A
Year Built 1948
DOM 104

Exterior Information

Maps

Listing information courtesy of: AARON MANZA, KW Executive . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 28th, 2024 at 4:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.