2435-2441 W Beverly Blvd - Retail FOR SALE


Montebello, CA 90640
$1,175,000 USD
213-434-1281
2435-2441 W Beverly Blvd, Montebello, CA for Sale
$1,175,000 USD
Retail - FOR SALE
1/23
null | 9.06% Cap Rate

2435-2441 W Beverly Blvd
Montebello, CA 90640


OVERVIEW

This is the deal of year! Priced well below fair-market value. Performa 9.06% cap rate at $1.50/SF/Mo or $18/SF/Yr NNN! Area average is $2/SF/Mo NNN. Building to be delivered vacant at close of escrow. This is perfect for any growing business that needs office/retail space and additional rental income. Qualified for SBA financing if owner uses 51% of total GLA or more with 10% - 25% down. This may be cheaper than leasing and a great investment. This is also perfect for 1031 exchange investors seeking value add opportunity. Stabilize the property with good credit tenants at $1.50/SF NNN and at 6.50% cap rate the property value jumps to a value over $1.63M. Discover the value/equity with good tenants. Don't miss out on this deal!

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

9.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C2, Montebello

APN/PARCEL ID

6343-007-040

ASK ABOUT THIS PROPERTY

Chris KimKW Commercial - Income Property TeamMore Info
213-434-1281

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Chris KimKW Commercial - Income Property TeamMore Info
213-434-1281

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