4126 Whittier Boulevard Los Angeles, CA $ 1,300,000
4126 Whittier Boulevard
$ 1,300,000
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4126 Whittier Boulevard

Los Angeles, CA, 90023
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Los Angeles, CA

for $1,300,000. This building was built in 1957.

We are pleased to present the opportunity to acquire 4126 Whittier Blvd, a mixed-use retail & residential property located in East Los Angeles. Built in 1957, the property is comprised of 4 separate structures, totaling 4,207 square feet, that sit on a 7,500 square foot lot zoned LCC3. The four structures include the following: a 1,100 square foot retail space, a 962 square foot retail space, a 3bed/1bath house, and a detached garage. The residential unit is currently owner-occupied, however the entire property will be delivered vacant at the close of escrow. 4126 Whittier Blvd provides a rare opportunity for many different owner-user investors that might consider occupying one or both retail spaces, the residential unit, or a combination of both. The significant rental demand in the area will also be attractive to investors who do not wish to occupy the area and instead will consider adding value through interior and exterior upgrades to the property. The garage in the rear contains a non-conforming studio and 1bed/1bath unit that could possibly be converted to one legal ADU (Buyer to investigate). The conversion of the garage to an ADU will significantly boost income for the property. Additionally, the property is in a Historically Underutilized Business Zone (HUBZone) and a State Enterprise Zone, which can be very important and helpful to future tenants of the retail spaces. Another advantage for potential developers is that the property is located within an Opportunity Zone and could provide the opportunity to offset significant capital gains taxes. Located west of Downey Rd, this opportunity sits between Whitter Blvd and the 5 Freeway. Tenants benefit from multiple bus transit spots that are all within a couple blocks. Whittier Blvd is a major artery that runs through all East Los Angeles and into Montebello and the city of Whittier. Its streets are lined with local businesses, restaurants, new multifamily developments, and much more. For commuters, this parcel sits inside the 5, 60, and 710 Freeway Triangle and allows ease of access to all neighboring cities

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Multi Family

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024354149

Features
General
Zoning LCL3
Year Built 1957
Property SubType Multi Family
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area ELA - East Los Angeles
Lot Size Square Feet 0.0
Street Name Whittier
Standard Status Active
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Exterior
Lot Size Area 7500.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 1
Street Suffix Boulevard
Total Baths 0
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* Excluded Features
List By
Sevak Keshishian

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$8,640
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$1,300,000 Listed Price

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4126 Whittier Boulevard, Los Angeles, CA, 90023 is a Commercial Property for sale at $1,300,000. 4126 Whittier Boulevard is a studio with 0.0 baths and was built in 1957. The property's zip code is 90023 which is in Los Angeles, CA