">
Los Angeles, CA 90023,3835 Whittier BLVD
Los Angeles, CA 90023,3835 Whittier BLVD
Los Angeles, CA 90023,3835 Whittier BLVD
$1,750,000
Est. payment /mo
$1,895,000
7.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4,251 Sqft Lot
SOLD DATE : 05/19/2023

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW23042675

Year Built 1922

Annual Tax Amount $24,000

Lot Size 4,251 Sqft

Property Description

This East LA mixed use property offered at an in place, 6.7% Actual Cap Rate. This is a 100% occupied investment, offering strong and reliable cash flow. The building consists of 3 retail units on the ground floor, plus 4 residential units on the 2nd floor. The retail units are (a) Mexican restaurant, (b) Party Supply, (c) Herbalife. The retail units are easily rented, small stores of 950 sf - 1,100 sf each. The four residential units offer an appealing unit mix of one x 3 bedroom; two x 2 bedrooms; and one x 2 bedrooms + den. The residential units were all completely remodeled in 2019 including new floors, bathrooms, countertops, and upgraded electrical and plumbing. The property is frame and stucco construction type (NOT unreinforced masonry). There are 2 or 3 tandem parking spaces in the rear of the building that are exclusively used by the restaurant tenant. Please see the supplement for the rent roll, financials, and other pertinent information.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Laundry None

Building

Lot Description Corner Lot, Rectangular Lot

Water Public

Others

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Christopher Comfort • Apex Properties • 818-917-6558
Bought with General NONMEMBER • NONMEMBER MRML
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.