11771 Washington Blvd - Freestanding FOR SALE


Whittier, CA 90606- Whittier City
$2,250,000 USD
310-300-2838
11771 Washington Blvd, Whittier, CA for Sale
$2,250,000 USD
Freestanding - FOR SALE
1/5
null | 10.91% Cap Rate

NEW


11771 Washington Blvd
Whittier, CA 90606
Whittier City


HIGHLIGHTS

  • Strong 10.91% Current CAP Rate | Projected 12.16% Pro Forma CAP Rate
  • Contractual Rent Increases Create Immediate NOI Growth
  • Large ±15,397 SF Infill Commercial Parcel
  • Prime Washington Boulevard Frontage
  • Strategic Access to I-605, I-5 & SR-60
  • Ideal for Automotive, Contractor Yard, Service Commercial, Storage, or Repositioning Uses

OVERVIEW

11771 Washington Blvd presents a rare opportunity to acquire a high-yield commercial investment positioned on a large infill parcel along one of Southeast Los Angeles County’s primary commercial corridors. Located in the City of Whittier, the property consists of approximately 984 square feet of existing commercial improvements situated on an expansive ±15,397 square-foot lot with flexible LCC3BE* zoning, offering exceptional long-term functionality, owner-user utility, and redevelopment potential. The asset is currently occupied under a gross lease structure generating strong in-place cash flow, while also benefiting from built-in contractual rent increases that ownership has not yet fully implemented, creating immediate upside for a new investor. The property is offered at an attractive 10.91% current capitalization rate with projected upside to approximately 12.16% pro forma capitalization rate through the implementation of contractual lease escalations alone. Strategically positioned along Washington Boulevard, the property benefits from excellent visibility, strong traffic exposure, and immediate accessibility to Interstate 605, Interstate 5, and State Route 60. The surrounding trade area is supported by a dense mix of residential neighborhoods, industrial operators, automotive businesses, retail users, and commercial service providers that continue to drive strong demand throughout the Southeast Los Angeles County market. In addition to its strong investment fundamentals, the property presents a compelling opportunity for an owner-user seeking to control occupancy costs while benefiting from long-term land appreciation in a supply-constrained Los Angeles County infill market. The site’s oversized lot configuration, low site coverage, and flexible commercial zoning create functionality that is increasingly difficult to find throughout the region, making the property well suited for automotive operators, contractors, storage users, service businesses, or future repositioning strategies. The combination of durable in-place income, contractual revenue growth, flexible zoning, and intrinsic land value positions 11771 Washington Boulevard as a uniquely attractive opportunity for investors, owner-users, and redevelopment-oriented buyers alike.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$750 USD /SF

CAP RATE

10.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

High Yield Commercial Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,397 SF

ZONING

LCC3BE*

APN/PARCEL ID

8173-038-019

ASK ABOUT THIS PROPERTY

Daniel HirthThe Hirth Group of KWMore Info
310-300-2838

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Daniel HirthThe Hirth Group of KWMore Info
310-300-2838

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