310-422-3891
413 W Whittier Blvd, Montebello, CA for Sale
Retail - FOR SALE
1/19
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413 W Whittier Blvd
Montebello, CA 90640


HIGHLIGHTS

  • OWNER-USER OR INVESTMENT OPPORTUNITY - Unit 104 is Seller-occupied, with the Seller open to a six-month leaseback to provide transition flexibility
  • DENSE INFILL TRADE AREA WITH ESTABLISHED RETAIL BASE - Nearby grocery, banking, dining, automotive, and entertainment uses support long-term viability
  • MARK-TO-MARKET CAPTURE POTENTIAL - Approximately $20,700 of incremental annual NOI achievable through leasing to current market rents
  • PARKING AND ACCESS ADVANTAGES - Approximately 15 on-site parking spaces
  • PROMINENT CORNER LOCATION - Surrounded by national retail anchors including Bank of America, CVS, AT&T, Wells Fargo, and Chevrolet
  • E-COMMERCE-RESISTANT TENANT MIX WITH NEAR-TERM UPSIDE - Necessity-based and service-oriented tenants reduce exposure to online retail disruption

OVERVIEW

Saxum West is pleased to present Montebello Market Center — a well-located neighborhood retail investment positioned on a prominent corner along Whittier Boulevard, one of the primary east–west commercial corridors serving the Gateway Cities and San Gabriel Valley submarkets. The property consists of a single-story, multi-tenant retail plaza totaling approximately 8,252 SF, situated on a 15,526 SF lot with strong street presence, rear parking, and alley access. Constructed in 1992, the property features six individual retail suites, each with glass storefronts, dedicated restrooms, central HVAC, and rear access—attributes that support long-term tenant retention and operational flexibility. The center benefits from approximately 158 feet of frontage, excellent signage visibility, and consistent vehicular and pedestrian traffic driven by surrounding residential density and nearby national retailers. The center is fully occupied, with a tenant roster primarily comprised of short-term tenancies, providing near-term flexibility for repositioning and income growth. The tenant mix is service-oriented and largely e-commerce resistant, including medical apparel, automotive parts, apparel, and specialty retail uses, offering durable neighborhood-serving demand. Several tenants have demonstrated long-term occupancy histories, underscoring the location’s importance to their operations. Unit 104 is occupied by the Seller’s automotive parts business, and the Seller is willing to provide up to a six-month leaseback following the close of escrow, if desired. Montebello Market Center is located within a dense, built-out infill trade area, surrounded by established retail anchors including Bank of America, CVS, AT&T, Wells Fargo, Chevrolet, BLVD Market, and other national and regional retailers. The property also benefits from ongoing residential and mixed-use investment activity throughout the surrounding submarket. This offering presents an attractive opportunity for investors seeking durable neighborhood retail income, conservative in-place operations, and long-term value preservation in a supply-constrained Los Angeles County submarket. The property is equally compelling for an owner-user seeking prominent Whittier Blvd exposure with supplemental rental income.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Montebello Shopping Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,526 SF

ZONING

MNC2*

APN/PARCEL ID

6349-004-023

ASK ABOUT THIS PROPERTY

Joe BologneseSaxum WestMore Info
310-422-3891

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Joe BologneseSaxum WestMore Info
310-422-3891

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