
Multi-Tenant Retail/Residential Property
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Multi-Tenant Retail/Residential Property 3 biens | Local commercial | À vendre | 3 674 874 € | Whittier, CA



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- First Time on the Market in 40 Plus Years, a ±22,409 SF Multi-Tenant Retail/Residential Property
- Three Separate Two-Story Buildings situated on a large ±1.18 Acre Lot
- Total of 23 Units, 12 Multi-Family Units and 11 Retail Units
- ±310 feet of prime street frontage on Whittier Blvd, coupled with a traffic count of ±28,000 vehicles per day
- Priced well below replacement cost at $187.43 PSF; Ideal Re-Positioning/Value-Add Opportunity, Pro-Forma Cap of 8.09%
- Desirable Demographics; ±432,650 Population and Average Household Income of $109,185 in a 5-Mile Radius
RÉSUMÉ ANALYTIQUE
Marcus & Millichap Commercial Real Estate Company is pleased to exclusively present a ± 22,409 SF Multi-Tenant Retail/Residential property located at 11142-11208 Whittier Blvd., in Whittier, California. Situated on a large ± 1.18 Acre lot, there is ± 310 feet of prime street frontage, coupled with a traffic count of ± 28,000 vehicles per day. Being offered for the first time in 40 plus years on the open market, the offering consists of three separate two-story buildings. There are a total of 23 units, consisting of 12 multi-family units and 11 retail units. Said offering is priced well below replacement cost at $187.43 PSF and is constructed in ± 1950. Each multi-family and retail unit is individually metered for gas & electricity, and the landlord is responsible water, sewer and trash. This is a rare opportunity to acquire a well-located investment offering, which is an ideal re-positioning/value-add opportunity. The multi-family units at the property are only subject to California’s statewide AB1482 rent ordinance, with no additional local rent control restrictions.
Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property.
For Further Information, Please Contact the Listing Agents.
Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property.
For Further Information, Please Contact the Listing Agents.
INFORMATIONS SUR L’IMMEUBLE
Prix | 3 674 874 € | Nb de biens | 3 |
Prix/m² | 1 765 € / m² | Individuellement en vente | 0 |
Type de vente | Investissement | Surface totale de l’immeuble | 2 082 m² |
Statut | Actif | Surface totale du terrain | 1,11 ha |
Prix | 3 674 874 € |
Prix/m² | 1 765 € / m² |
Type de vente | Investissement |
Statut | Actif |
Nb de biens | 3 |
Individuellement en vente | 0 |
Surface totale de l’immeuble | 2 082 m² |
Surface totale du terrain | 1,11 ha |
Biens
NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
---|---|---|---|---|
11154-11158 Whittier Blvd, Whittier, CA 90606 | Local commercial | 808 m² | 1950 | - |
11142-11148 Whittier Blvd, Whittier, CA 90606 | Local commercial | 658 m² | 1999 | - |
11202-11208 Whittier Blvd, Whittier, CA 90606 | Local commercial | 616 m² | 1952 | - |
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Multi-Tenant Retail/Residential Property
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