The subject property is located in a commercially dense section of Whittier Blvd. in East Los Angeles, approximately ½ mile East and ½ mile North of the 710 and 5 Freeways, with great curb exposure on an extremely high car count street. The building is a one-story, street retail building with 5,500 of rentable square feet, excluding any mezzanine area. The structure was originally built in 1938, but has recently been enlarged and partially restored. There are three separate, narrow & deep retail stores, each with high ceilings, sale counters, open retail floor space, small office areas and a bathroom. The basic construction features are concrete slab floors, plaster walls, rolled asphalt roof cover, acoustical tile ceilings with suspended and boxed florescent lighting. There are two stores with 1,500 +/- sqft and one space with approximately 2,500 sqft. The larger store had façade restoration and the cinder block addition. The interior lot has 7,500 sqft of CM-1 (commercial manufacturing) zoned land, with 50’ (x150’ deep) of frontage on Whittier Blvd. Onsite parking for approximately 4-6 cars is available behind the structure accessed via a 15’ wide alley. Vacant store has projected rent of $2,900 per month.

Property Type: Retail
Year Built: 1938
Level Number: 1
Zoning: CM-1
Tax Year: 4787
Cap Rate Percentage: 4.76
Listing ID: DJ65Q8
Style: Other Style
Building Size: 5,500 SF
Lot Size: 7,500 SF
Taxes: $4,787
Area Description

Zoning Description: CM-1 (Light Commercial Manufacturing).

Region: Los Angeles

Property Features
Parking Places: 6
Gross Income: $54,708
Scheduled Income: $56,400
Expenses: $8,261
Cash Flow: $46,447