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CLOSED ESCROW

RETAIL OFFERING

4972 WHITTIER Boulevard

LOS ANGELES, CA 90022

PRICE:

PRICE/SF:

CAP RATE CURRENT/ PRO FORMA:

BUILDING SF:

LOT SF:

YEAR BUILT:

$900,000

$141

0.55%/7.00%

6,400

12,000

1991

THE ASSET

The Hirth Group is pleased to present 4972 Whittier Boulevard located in Los Angeles, California.  The subject property consists of four store front retail units totaling 6,400 square feet of building and sits on a 12,000 square foot lot. 

 

As a value-add asset, the property offers a savvy investor the opportunity to quickly appreciate value by renting out vacant units at market rent.  The property is also strategically positioned for an owner/user to take advantage of the very attractive Small Business Administration financing available with as little as ten percent down.  The low cost per foot and excellent location combine to make this unique investment highly profitable.

 

4972 Whittier Boulevard is ideally located on the major thoroughfare of East Los Angeles Whittier Boulevard.   The combined key demographics of traffic counts exceeding 25,000 cars daily and a population of nearly 800,000 people within a five mile radius make the area ideal for consumer driven businesses.

DEAL HIGHLIGHTS​:

  • Sold at 100% of List Price

  • Great Whittier Boulevard Location

  • Property Was Buyers Upleg In 1031 Exchange

 

ASSET HIGHLIGHTS

  • Value Add Opportunity

  • Ideal for Owner/User with Small Business Administration Financing Available

  • Low Cost Per Foot

  • Densely Populated/Heavily Trafficked Corridor

  • Great Parking

  • Security Roll-Up Doors

  • Central Heating and Air Conditioning

  • Electric Water Heaters

  • Mile

  • Live/Work Space

  • Creative Office Space/Kitchen/Full Bathroom

  • Secured Parking

  • High Ceilings

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