Property Listing No Longer Available for Sale

8635 Greenleaf Ave, Whittier, CA

Retail for Sale - $799,000 - 3,005 Sq. Ft. on 0.2 acres

Property Info

  8635 Greenleaf Ave
  Whittier CA 90602
UpdatedJuly 1st, 2016
Building3,005 Sq. Ft.
Land0.2 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.


>> 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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Sales Info:

>> Cap rate: 5.46%

>> NOI: $43650

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