4057-4061 1/2 Whittier Blvd - Medical FOR SALE


Los Angeles, CA 90023- East Los Angeles
$1,019,000 USD
818-212-2667
4057-4061 1/2 Whittier Blvd, Los Angeles, CA for Sale
$1,019,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

4057-4061 1/2 Whittier Blvd
Los Angeles, CA 90023
East Los Angeles


HIGHLIGHTS

  • East Los Angeles Development Positioned for Growth
  • Excellent Frontage and Access –Whittier Blvd Storefront
  • Great Existing Layout for Potential Re-Purpose

OVERVIEW

Luigy Alvarez & Floyd Shaheen of Floyd Group at Marcus & Millichap have the pleasure to exclusively present for sale 4057-4061 1/2 Whittier Blvd, a rare offering in one of East Los Angeles’ most active medical and retail corridors. Built in 1923 and spanning 5,000 SF of building area on a 6,749 SF lot, zoned LCM1 this former medical office/retail property provides exceptional flexibility for investors and owner-users alike. The property is being sold in its current condition. Buyers independently verify all information to their satisfaction The property features secure, gated onsite parking for about 16 or 17 vehicles, less if re striped for handicap parking (Buyer to confirm with Department of Building and Safety), a major advantage in this dense commercial district. Currently, the parking is being rented to neighboring medical offices, providing immediate supplemental income. This property has had seismic retrofitting completed around 1992 to 2002, offering a solid foundation for a contemporary remodel. With its classic structure and adaptable floor plan, the property is an ideal value-add opportunity for buyers looking to re-imagine a space to suit modern medical, professional, or retail use. Located in a high demand area known for its concentration of medical offices, service providers, and retail businesses, 4057 Whittier Blvd. is perfectly positioned for an owner-user seeking visibility, convenience, and growth potential. This is a true blank canvas with strong fundamentals and long-term upside. Boyle Heights’ updated Community Plan (adopted September 2024, implementation H2 2025) emphasizes mixed-use growth along corridors like Whittier Blvd, prioritizing pedestrian-friendly retail and services while capping rent increases at 5% for legacy businesses. This could unlock 14,000 new housing units and 12,000 jobs by 2040, directly benefiting commercial nodes like 4057 Whittier. New developments such as Casa Amparo (63 affordable studio apartments) and La Veranda (100% affordable mixed-use: 60+ family units above ground-floor retail) were recently completed. East Los Angeles continues to attract strong public and private investment. With its prime location, zoning flexibility, and private parking 4057 Whittier Blvd presents a compelling opportunity for owner-occupancy, or a future repositioning play with significant upside.

FOR SALE DETAILS

PRICE

$1,019,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Storefronts | Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LCM1*

APN/PARCEL ID

5239-015-007

ASK ABOUT THIS PROPERTY

Floyd ShaheenFloyd GroupMore Info
818-212-2667

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Floyd ShaheenFloyd GroupMore Info
818-212-2667

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