$1,500,000 USD
909-997-9765
6354 Painter Ave
Whittier, CA 90601
Whittier City
HIGHLIGHTS
- Potential For Mills Act (roughly 50% reduction in property taxes)
- Huge Corner Lot - 19,517 sq.ft. lot with plenty of parking
- Ability to convert into residential or keep as commercial
- Owner User or Investment Opportunity
- Prime Location on Major Intersection in North Whittier (Painter and Hadley)
- Historical Trophy Asset
OVERVIEW
Attractive development potential with 19,602 square foot lot and the ability to convert into 8 multifamily residential units. Vacant commercial building that can be used as owner-user or investment. Historical aspect allows for potential to utilize Mills Act and significantly reduce property taxes by +/-50%
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$332 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Historic Painter Development Opportunity
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1916
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
0.45 AC
LAND SF
19,602 SF
ZONING
WHCO
APN/PARCEL ID
8137-012-025
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909-997-9765
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909-997-9765
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