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    2604 W Beverly Boulevard

    Montebello, CA 90640
    • $799,000
    • STATUS: Active
    • ON SITE: 54 days
    • ID#: MB20089144
    $799,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,210
      SQFT
    • $249
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Beautiful 4 unit retail center on busy Beverly Blvd next to the north west corner of Hay St signalized intersection. High visibility location with Average Daily Traffic (ADT) 25,472 and a Walk Score 70-"Very Walkable location". C-2 zone, great opportunity for owner user, investment or future redevelopment. Seven miles east of Downtown Los Angeles with easy access to 60, 5, 710, and 605 freeways. Montebello bus stop at the corner. Large front glass windows for display, 13 parking spaces on the west side of the building and in the back with street and alley access. Two adjacent parcels of land total 8030sqft: APN 5268-025-012 and 5268-025-013. Rents are below market with month to month and short term leases. Any sale shall require prior approval of the Orange County Superior Court, Commissioner Edward Hall, under Probate case number 30-2018-00987083-PR-TR-CJC. Probate court confirmation hearing is not required.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-04T00:25:35.277. 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 Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/105728605
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    2604 W Beverly Boulevard Montebello, CA 90640

    • Price: $799,000
    • Status: Active
    • ID#: MB20089144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,210
    SQFT
    $249
    $/SQFT
    1950
    Built
    Neighborhood:
    674 - Montebello
    County:
    Los Angeles
    Area:
    674 - Montebello
    Property Description
    Beautiful 4 unit retail center on busy Beverly Blvd next to the north west corner of Hay St signalized intersection. High visibility location with Average Daily Traffic (ADT) 25,472 and a Walk Score 70-"Very Walkable location". C-2 zone, great opportunity for owner user, investment or future redevelopment. Seven miles east of Downtown Los Angeles with easy access to 60, 5, 710, and 605 freeways. Montebello bus stop at the corner. Large front glass windows for display, 13 parking spaces on the west side of the building and in the back with street and alley access. Two adjacent parcels of land total 8030sqft: APN 5268-025-012 and 5268-025-013. Rents are below market with month to month and short term leases. Any sale shall require prior approval of the Orange County Superior Court, Commissioner Edward Hall, under Probate case number 30-2018-00987083-PR-TR-CJC. Probate court confirmation hearing is not required.
    Exterior Features

    Construction Materials Stucco Entry Level 1 Lot Features Level With StreetRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Ratio 4.00 Parking Total 13.00 Roof CompositionFlat

    Interior Features

    Condo Area Units Square Feet Laundry Features InsideWasher Hookup Office Class C

    Property Features

    Accounting Type Actual Additional Parcels Description 5268025013 Additional Parcels YN Yes Asset Class OfficeRetail Building Area Units Square Feet Building Status Existing Business Type AccountingAdministrative And SupportBarber/BeautyUpholstery Cap Rate 4.00 Country Us Expense Year 2019 Gross Scheduled Income 48600.00 Insurance Expense 2600.00 Investment Property YN Yes Land Use Retail Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Maintenance Expense 2400.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 32414.00 Number Of Units Leased 4 Operating Expense 16186.00 Property Sub Type Retail Real Estate Tax Expense 2064.00 Special Listing Conditions Probate Listing Tax Annual Amount 11186.00 Tax Rate 1.40 Tax Year 2019 Total Monthly Rent 4050 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Year Built Source Assessor Zoning C2

    Listing provided courtesy of Hagop Yapoujian of Hynet Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-04T00:25:35.277. 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 Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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