4563 Whittier Blvd - Retail FOR SALE


Los Angeles, CA 90022- East Los Angeles
$1,350,000 USD
626-672-9080
4563 Whittier Blvd, Los Angeles, CA for Sale
$1,350,000 USD
Retail - FOR SALE
1/9
null | 3.59% Cap Rate

4563 Whittier Blvd
Los Angeles, CA 90022
East Los Angeles


HIGHLIGHTS

  • Major Street Frontage Along Whittier Blvd.
  • Freestanding, Single Tenant Retail Building
  • Building can be delivered vacant with advanced notice to tenant

OVERVIEW

The subject property is a freestanding, single-tenant retail building located along Whitter Boulevard in iconic East Los Angeles. The property was originally constructed in 1927 and renovated in 1935 and retains much of its vintage charm. The building is currently occupied by Whittier Crafts*, a well-established craft store, with a 10-plus year track record at this location. There is on-site parking at the rear of the building that can accommodate 6-7 vehicles. This offering is best suited for either an investor to reposition the asset, or an owner-user looking to operate its business out of the building. Located in unincorporated L.A. County, the property is immediately east of the 710-freeway, with access to DTLA (6-miles), 5-freeway (1.9 miles) and 10-freeway (2.8 miles). It is also within walking distance of the Gold Line’s Maravilla Station. It’s central proximity to Boyle Heights, Commerce, and Monterey Park make the location ideal to target the area’s rich and diverse communities. * - Building leased through June 30, 2028 ($5,000 per month Gross). Building can be delivered vacant with advance notice to tenant. Talk to broker for details.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

3.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LCM1*

APN/PARCEL ID

5247-016-036

ASK ABOUT THIS PROPERTY

Alex BlecksmithColliersMore Info
626-672-9080

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Alex BlecksmithColliersMore Info
626-672-9080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.