3001 W Beverly Boulevard

Description

A Professional Commercial Building for sale in the City of Montebello one block west from Garfield Ave., close to 60 Freeway and 20 minutes to Los Angeles Downtown Area. These three buildings have a total 6 units with different types of business which are currently operating as follows: Dental Office, Insurance Office, Chiropractic Office, Rehabilitation Office, Counseling Office, and Beauty Salon. A few of the tenants have been in the building approximately 10 years. All tenants are paying NNN rent. This very well-located building will give the opportunity to the new owner, user or investor to have an investment property in a huge lot with 26 parking spaces for their tenants and customers. According to the City of Montebello Building and Safety Department the approximate square foot property is 9,734 (attached City information). THE PROPERTY HAS 12 COVER PARKING SPACES behind the 3rd building by the alley access with doors and fences.? If the rent increases according to the current market value, the cap rate will go up to 6.05%. There is a supplement link in this listing showing the Commercial Real Estate Rent Roll. Property is located a few blocks from East Los Angeles to Pico Rivera, City of Commerce, and San Gabriel Valley with easy access to 60, 710, 10, 5 Freeways. SELLERS ARE MOTIVATED TO SELL THIS 6 UNITS COMMERCIAL PROPERTY THE SELLERS have another property for sale on 2466 W. Whittier Blvd., Montebello, CA 90640 with listing ID MB21075042. BUT, PER SELLERS INSTRUCTIONS THEY WANT TO SELL FIRST THIS PROPERTY LOCATED on 3001 W. Beverly Blvd., AND AFTER that, they will consider REVIEWING OFFERS form 2466 W. Whittier Blvd., Montebello, CA 90640