Skip to main content

Mixed-Use

Mixed - Use- Retail/Residential

4126 Whittier Blvd, Los Angeles, CA 90023

Listing Price: $1,200,000

Cap Rate
7.37%
Occupancy
100.0%
Price/Gross SF
$285.04
Gross SF
4,210

Investment Overview

Marcus & Millichap has been selected to exclusively represent for sale the property at 4126 Whittier Boulevard, a 4,210* square foot of mixed- use Storefront Retail / Residential property. Situated on 7,500* square feet (0.17 acre) of land zoned C3 (general commercial) in East Los Angeles California. This property has four buildings*: 2 retail store fronts, a residential house, and a large garage.

This property is situated in East Los Angeles, an unincorporated community, in Los Angeles County. Immediately east of the City of Los Angeles’ boundary, East Los Angeles is bounded by the City of Los Angeles on the West and North (LA’s El Sereno neighborhood), the cities of Monterey Park and Montebello to the East, and City of Commerce to the South. East Los Angeles has a unique history reflecting the multi-cultural growth pattern of the City of Los Angeles. From its modern founding in the late 1880s to the present, it has been home to waves of immigration, and many different ethnic and cultural groups have at one time, or another settled, lived, and moved through East Los Angeles. It is one of the densest populated areas of Los Angeles County. The housing occupancy are 68% renter occupy households and 32% owner occupy households. This is one of Los Angeles's more affordable neighborhoods and you'll find modest single-family homes and small apartment buildings.

The property’s two store front retail buildings are located on one of the most iconic streets in East Los Angeles - Whittier Boulevard. Lined with restaurants, banks, hair salons, theaters, bars, and all types of retail stores, Whittier Boulevard is the heart and hub of business in this community. Whittier Boulevard is the major arterial street in East Los Angeles. These retail buildings benefit from excellent visibility and frontage on Whittier Boulevard with a daily traffic count of 23,077 vehicles. There is also strong foot traffic with a walking score of 80. This location is easily accessed from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways. Other benefits of this location are federal Opportunity Zone, California State Enterprise Zone program, and federal SBA HUBZone program investment and operational incentives.

The main building at the center of the property is the house which measures *1,092 sq ft with 3 bedrooms and 1 bathroom. The restaurant measures *1,100 sq ft and the staffing office measures *962 sq ft with both sitting on Whittier Boulevard. The garage in the back and with access from the alley measures *1,053 sq ft.

*Source of the building sizes Los Angeles County
Buyer/Buyer’s agent to verify the size of each building

Investment Highlights

  • One of Los Angeles' Densest Rental Markets
  • Situated on the main street in East Los Angeles with an average daily traffic count of over 23,070 vehicles per day and with a walking score of 80.
  • Located close to central Los Angeles employment, business, sports, cultural, and medical sites.
  • Retail storefront businesses can easily access potential customers from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways.
  • The house and retail storefronts have separate entrances. The garage and covered parking in the back have street access from the alley
  • Current annual market rental rates for automotive repair tenants are between $24 to $28 NNN
  • Approximately 4,210 Gross Square Foot building located on Approximately 7,500 Square Foot Lot zoned LCL3
  • The potential for both commercial, residential tenants can lessen the overall risk for real estate investors.

Exclusively Listed By

Financing By

Mixed-Use

Mixed - Use- Retail/Residential

Listing Price: $1,200,000

Cap Rate
7.37%
Occupancy
100.0%
Price/Gross SF
$285.04
Gross SF
4,210

Investment Highlights

  • One of Los Angeles' Densest Rental Markets
  • Situated on the main street in East Los Angeles with an average daily traffic count of over 23,070 vehicles per day and with a walking score of 80.
  • Located close to central Los Angeles employment, business, sports, cultural, and medical sites.
  • Retail storefront businesses can easily access potential customers from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways.
  • The house and retail storefronts have separate entrances. The garage and covered parking in the back have street access from the alley
  • Current annual market rental rates for automotive repair tenants are between $24 to $28 NNN
  • Approximately 4,210 Gross Square Foot building located on Approximately 7,500 Square Foot Lot zoned LCL3
  • The potential for both commercial, residential tenants can lessen the overall risk for real estate investors.

Investment Overview

Marcus & Millichap has been selected to exclusively represent for sale the property at 4126 Whittier Boulevard, a 4,210* square foot of mixed- use Storefront Retail / Residential property. Situated on 7,500* square feet (0.17 acre) of land zoned C3 (general commercial) in East Los Angeles California. This property has four buildings*: 2 retail store fronts, a residential house, and a large garage. This property is situated in East Los Angeles, an unincorporated community, in Los Angeles County. Immediately east of the City of Los Angeles’ boundary, East Los Angeles is bounded by the City of Los Angeles on the West and North (LA’s El Sereno neighborhood), the cities of Monterey Park and Montebello to the East, and City of Commerce to the South. East Los Angeles has a unique history reflecting the multi-cultural growth pattern of the City of Los Angeles. From its modern founding in the late 1880s to the present, it has been home to waves of immigration, and many different ethnic and cultural groups have at one time, or another settled, lived, and moved through East Los Angeles. It is one of the densest populated areas of Los Angeles County. The housing occupancy are 68% renter occupy households and 32% owner occupy households. This is one of Los Angeles's more affordable neighborhoods and you'll find modest single-family homes and small apartment buildings. The property’s two store front retail buildings are located on one of the most iconic streets in East Los Angeles - Whittier Boulevard. Lined with restaurants, banks, hair salons, theaters, bars, and all types of retail stores, Whittier Boulevard is the heart and hub of business in this community. Whittier Boulevard is the major arterial street in East Los Angeles. These retail buildings benefit from excellent visibility and frontage on Whittier Boulevard with a daily traffic count of 23,077 vehicles. There is also strong foot traffic with a walking score of 80. This location is easily accessed from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways. Other benefits of this location are federal Opportunity Zone, California State Enterprise Zone program, and federal SBA HUBZone program investment and operational incentives. The main building at the center of the property is the house which measures *1,092 sq ft with 3 bedrooms and 1 bathroom. The restaurant measures *1,100 sq ft and the staffing office measures *962 sq ft with both sitting on Whittier Boulevard. The garage in the back and with access from the alley measures *1,053 sq ft. *Source of the building sizes Los Angeles County Buyer/Buyer’s agent to verify the size of each building

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower