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Buy a propertyat 4126 Whittier Boulevard, Los Angeles, CA 90023

$1,600,000

$0/mo

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Multifamily

4,207 Sq. Ft.

7,483 Sq. Ft. lot

3 Bedrooms

0 Bathrooms

417 Days on market

23249992 MLS ID

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About 4126 Whittier Boulevard property

Marcus & Millichap has been selected to exclusively represent for sale the property at 4126 Whittier Boulevard, a 4,210 square foot of mixed- use Storefront Retail / Residential property. Situated on 7,500 square feet (0.17 acre) of land zoned C3 (general commercial) in East Los Angeles California. This property has four buildings: 2 retail store fronts, a residential house, and a large garage. 1. One of Los Angeles' Densest Rental Markets. 2. Situated on the main street in East Los Angeles with an average daily traffic count of over 23,070 vehicles per day and with a walking score of 80. 3. Located close to central Los Angeles employment, business, sports, cultural, and medical sites. 4. Retail storefront businesses can easily access potential customers from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways. 5. The house and retail storefronts have separate entrances. The garage and covered parking in the back have street access from the alley. 6. Current annual market rental rates for retail tenants are between $24 to $28 NNN . 7. Approximately 4,210 Gross Square Foot building located on Approximately 7,500 Square Foot Lot zoned LCL3. 8. The potential for both commercial, residential tenants can lessen the overall risk for real estate investors. 9. Federal Opportunity Zone, California State Enterprise Zone program, and federal SBA HUBZone. **This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Marcus & Millichap has been selected to exclusively represent for sale the property at 4126 Whittier Boulevard, a 4,210 square foot of mixed- use Storefront Retail / Residential property. Situated on 7,500 square feet (0.17 acre) of land zoned C3 (general commercial) in East Los Angeles California. This property has four buildings: 2 retail store fronts, a residential house, and a large garage. 1. One of Los Angeles' Densest Rental Markets. 2. Situated on the main street in East Los Angeles with an average daily traffic count of over 23,070 vehicles per day and with a walking score of 80. 3. Located close to central Los Angeles employment, business, sports, cultural, and medical sites. 4. Retail storefront businesses can easily access potential customers from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways. 5. The house and retail storefronts have separate entrances. The garage and covered parking in the back have street access from the alley. 6. Current annual market rental rates for retail tenants are between $24 to $28 NNN . 7. Approximately 4,210 Gross Square Foot building located on Approximately 7,500 Square Foot Lot zoned LCL3. 8. The potential for both commercial, residential tenants can lessen the overall risk for real estate investors. 9. Federal Opportunity Zone, California State Enterprise Zone program, and federal SBA HUBZone. **This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Property details

Bathrooms

3 total bathrooms

Bedrooms

3 total bedrooms

House

1 total stories

Built in 1957

4,207 sqft living area

4207 total building sqft

Community

Gated

Cooling

Central Air

Heating

Central

Income

Gross Income: 97800

Net Operating Income: 55550

Listing

Listing ID: 23249992

125 days on market

Listed on 2023-03-10

Rent controlled

Location

County: Los Angeles

Lot

7483 sqft

0.1718 acres

Area: 7483

Possession

Close Of Escrow

Property

4 buildings

3 units

Updated/Remodeled

City Lights

Security System

Gated Community

Window Bars

Tenant Pays

Electricity

Water

Monthly cost

Estimated monthly cost

$10,196/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,504,000

+$48,000

$1,552,000

Seller agent commission$48,000 (3%)*

$0 (0%)

Buyer agent commission$48,000 (3%)*

$48,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 1, 2024 at 6:18 p.m.

Data updated: Jul 14, 2023 at 10:06 a.m.

Property listed by Marcus & Millichap, Nora Hoyos
Based on information from California Regional Multiple Listing Service, Inc. as of 07/14/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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