8635 Greenleaf Ave, Whittier, CA
Retail for Sale - $799,000 - 3,005 Sq. Ft. on 0.2 acres
Property Info
CIMLS# | 892264 |
Location 8635 Greenleaf Ave Whittier CA 90602 | |
Updated | July 1st, 2016 |
Type | Retail |
Price | $799,000 |
Building | 3,005 Sq. Ft. |
Land | 0.2 acres |
Property Description
The Subject Property is a 3,005 square foot completely renovated storefront retail building plus a single family residence location on the corner of Greenleaf Avenue and Wilshire Drive in Whittier, California. The property has been extensively renovated with guidance and approval of the City of Whittier. The building is situated on 8,600 square feet of land and includes 8 on-site parking spaces.
There are 3 total units, which include two retail storefront units and a detached three-bedroom single family residence all situated on a one parcel. The single family residence is leased on a month to month basis and the two retail tenants are leased to a Zumba fitness gym and the other to the Greater Long Beach Autism Society.
With a purchase price of $799,000 this asset presents a unique opportunity to own a 100% occupied property which has been completely remodeled and includes the luxury of parking, wide street exposure, high end curb appeal and a single family residence for added income and diversification.
Location Description:
location description here.
Highlights:
>> Completely Renovated Retail Storefront Property
>> Includes a Detached Single Family Residence
>> Strong Corner Location with Great Curb Appeal
>> Convenient Parking Lot with 8 Parking Spots
>> C2 Zoning Allows for a Wide Range of Occupancy
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Financials
Sales Info:
>> Cap rate: 5.46%
>> NOI: $43650