1912 WEST WHITTIER BOULEVARD
MONTEBELLO, CA 90640
CAP RATE CURRENT/ PRO FORMA:
The Hirth Group is pleased to present 1912 West Whittier Boulevard in Montebello, California. This mixed-use asset is comprised of two storefront retail units, one one-bedroom/one-bath apartment, and nine single apartments. The offering is comprised of 4,301-square feet of building on 5,746-square feet of land.
Located west of Montebello Boulevard and east of Wilcox Avenue, this burgeoning neighborhood’s infrastructure has seen an unprecedented resurgence within the last few years. The property presents easy access to the 5 and 710 Freeways. In addition, the property benefits from excellent visibility, great cash-flow, and is positioned in a densely populated submarket. The recent surge in development on the West Whittier corridor has proven a dynamic demographic, dramatically increasing retail appeal and confidence in neighborhood welfare.
Daily traffic counts along the historic West Whittier Boulevard are approximately 30,000 vehicles per day. The population within five miles is a dense 698,665.
All Cash 10 Day Due Diligence Period
Sold at 97.5% of List Price
Non Rent Control Property
Mixed-Use / Retail Storefront / Residential
Easy Access To 5 and 710 Freeways
Dense Population and High Traffic Counts
High Cash Flow