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2435-2441 W Beverly Blvd 6,306 SF 42% Leased Retail Building Montebello, CA 90640 $1,640,206 CAD ($260.10 CAD/SF) 9.06% Cap Rate



EXECUTIVE SUMMARY
This is the deal of year! Priced well below fair-market value. Performa 9.06% cap rate at $1.50/SF/Mo or $18/SF/Yr NNN! Area average is $2/SF/Mo NNN. Building to be delivered vacant at close of escrow. This is perfect for any growing business that needs office/retail space and additional rental income. Qualified for SBA financing if owner uses 51% of total GLA or more with 10% - 25% down. This may be cheaper than leasing and a great investment. This is also perfect for 1031 exchange investors seeking value add opportunity. Stabilize the property with good credit tenants at $1.50/SF NNN and at 6.50% cap rate the property value jumps to a value over $1.63M. Discover the value/equity with good tenants. Don't miss out on this deal!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,306 SF
Building Class
C
Year Built
1959
Price
$1,640,206 CAD
Price Per SF
$260.10 CAD
Cap Rate
9.06%
NOI
$148,603 CAD
Percent Leased
42%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.28 AC
Zoning
C2, Montebello - Commercial
Parking
11 Spaces (1.74 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 2441 A-B | 3,660 SF | Retail | End Cap | Now |
2441 A-B
| Size |
| 3,660 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2441 A-B
| Size | 3,660 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6343-007-040 | Improvements Assessment | $266,963 CAD |
| Land Assessment | $1,218,038 CAD | Total Assessment | $1,485,001 CAD |
PROPERTY TAXES
Parcel Number
6343-007-040
Land Assessment
$1,218,038 CAD
Improvements Assessment
$266,963 CAD
Total Assessment
$1,485,001 CAD
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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2435-2441 W Beverly Blvd
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