Listed By:
HAGOP YAPOUJIAN with HYNET REALTY; HAGOPRHR@EARTHLINK.NET
Address
2603 W Beverly Boulevard, Montebello, CA
Price
$ 1,100,000
Property Attributes
  • MLS#MB23187581
  • TypeCommercial
  • CountyLOS ANGELES
  • CityMontebello
  • AreaMontebello
  • Zip90640
  • StyleOffice
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3847
  • Lot Size8,764 SqFt
Data Source:
California Regional MLS (CRMLS)
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.

Price History
10/11/2023 Listed $1,100,000

General Features

Heating Central
Cooling CentralAir
Utilities ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Roof Composition
Zoning C-2
Construction Materials Stucco
Year Built 1954
Electric Standard
Property SubType Office
Tax Year 20
Business Type Accounting,AdministrativeandSupport,Advertising,BarberBeauty,BooksCardsStationary,Dental,Financial,Medical,MultiTenant,ProfessionalOffice,Photographer,Printing,ProfessionalService,RealEstate,Retail
County Los Angeles
Net Operating Income 55000.0
Operating Expense 24800.0
Insurance Expense 2000.0
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 2000.0
Garage Y/N No
Special Listing Conditions Standard
Status ActiveUnderContract
Directions 60 Pomona Freeway,Garfield Exit go south,left (east) on Beverly Blvd,SWC Beverly Blvd & Hay St
City Montebello
View Y/N No
Senior Community Y/N No
Open Parking Spaces 8.0
Total Units 10414
MLS Area 674 - Montebello
Lot Size Square Feet 8763.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Number of Units Leased 4
Street Name Beverly
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Trash Expense 1800.0
Water Sewer Expense 1200.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N Yes
Rent Control Y/N No
Days on Market 115
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Occupancy Description Tenant
Property Sub Type Additional Office
Cap Rate 5.0
MobileHomeRemainsYN No

Interior Features

Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Boulevard
Laundry Features None
Entry Level 1
Electric On Property Y/N No
LivingAreaSource Assessor

Exterior Features

Fencing WroughtIron
Lot Features CornerLot,IrregularLot
Water Source Public
Total Parking 8.0
Lot Size Area 8763.0
Number of Buildings 1
Spa No
Building Area Total 3847.0
Lot Size Acres 0.2012
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 90640

Price
AVG $2.11M
$1.1M
Visits
AVG 90
100
Data Provided by Inside Real Estate®
Year Built
AVG 1958
1954