Pico Rivera, CA 90660,8318 Whittier Boulevard
Listed by Nick Bakotich • The Foster Company
Bought with Angelo Sabadin • ANGELO SABADIN, BROKER

$1,825,000

Est. payment /mo

$2,300,000

20.7%
Est.Price: ?

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8318 Whittier Boulevard Pico Rivera, CA 90660

11,000 SqFt

SOLD DATE : 11/07/2024

Key Details

Sold Price $1,825,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $165

MLS Listing ID CRPW24172926

Sold Date 11/07/24

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1963

Lot Size 0.632 Acres

Property Description

Excellent Opportunity for either an Owner User or Investment! It is located on the High Traffic corridor, Whittier Blvd in the city of Pico Rivera, just minutes from all major local freeways including the 605, 5, 60 & the 105. The property consists of 9 units with 10ft entry doors and individual bathrooms, totaling 11,000sf. With a Light Industrial Zoning, there is a vast range of businesses that would be permitted at this site. The building is set up perfectly for an Owner User to occupy their portion and lease out the remainder, yielding endless potential. Currently it is 100% tenant occupied, all on month-to-month leases, earning $145,000 of GOI. Tenants are currently paying their own utilities while owner pays water & trash. With a lot size of nearly 30,000sf, there is plenty of room for parking and additional storage. Phase 1 & Phase 2 reports have both been completed and have come back clean! Please contact Listing Broker for any and all information regarding, rent rolls, estoppels, environmental reports and any zoning information. Take Advantage of this Fantastic Opportunity!

Location

State CA

County Los Angeles

Interior

Fireplace No

Building

Water Public

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Bay East AOR and Contra Costa AOR

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+1(925) 255-3760

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