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2603 W Beverly Boulevard

Montebello, CA 90640
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 194 Days
  • ID#: MB23187581
Under Contract
$1,100,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Hagop Yapoujian of HYNET REALTY (323-724-0000)


Description

Multitenant office-retail building at the signalized SW corner of Beverly Blvd and Hay street. Great opportunity for owner user, investor or re-developer with high visibility and signage, 26,000 average daily traffic, C-2 zone. Current tenants include beauty parlor, tax accountant, office-health care, and a music school. Beautiful courtyard in the center. Off street parking with alley access.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
www.carminsellshomes.com/homes/144198157
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2603 W Beverly Boulevard Montebello, CA 90640

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 194 Days
  • ID#: MB23187581
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1954
Built
Neighborhood:
674 - Montebello
County:
Los Angeles
Area:
674 - Montebello
Property Description
Multitenant office-retail building at the signalized SW corner of Beverly Blvd and Hay street. Great opportunity for owner user, investor or re-developer with high visibility and signage, 26,000 average daily traffic, C-2 zone. Current tenants include beauty parlor, tax accountant, office-health care, and a music school. Beautiful courtyard in the center. Off street parking with alley access.
Exterior Features

Construction Materials Stucco Entry Level 1 Fencing Wrought Iron Lot Features Corner LotIrregular Lot Open Parking Spaces 8 Parking Total 8 Roof Composition

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Business Type AccountingAdministrative and SupportAdvertisingBarber/BeautyBooks/Cards/StationaryDentalFinancialMedicalMulti-TenantProfessional/OfficePhotographerPrintingProfessional ServiceReal EstateRetail Cap Rate 5 Common Interest None Electric Standard Gross Scheduled Income 84000 Insurance Expense 2000 Land Lease YN No Laundry Features None Lease Considered YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New Loan Maintenance Expense 2000 Net Operating Income 55000 Number Of Units Leased 4 Operating Expense 24800 Other Expense 400 Property Sub Type Office Special Listing Conditions Standard Tax Year 20 Trash Expense 1800 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 4200 Vacancy Allowance Rate 5 Water Sewer Expense 1200 Water Source Public Zoning C-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-18T19:25:09.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
 
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The Ramos Group | Keller Williams High Desert
12530 Hesparia Rd Suite 101
Victorville CA, 92395
Listing Agent(s): Hagop Yapoujian of HYNET REALTY (323-724-0000)