Retail and Auto Service
1111-1153 E Washington Blvd Montebello, CA 90640
1111-1153 E Washington Blvd, Montebello, CA, 90640
$9,490,000
For Sale
$9,490,000
Four-building plaza totals 37,045 rentable square feet, including a vacant 5,500 SF restaurant and an auto service retail building.
Property Size37,045 SF
Lot Size2.27 Acres
Price / SF$256.17
Days on Market111
Property Features for 1111-1153 E Washington Blvd
General Information
- Standard status
- Active
- Size
- 37,045 SF
- Lot size
- 2.27 Acres
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1956
Listing agency
(909) 456-7019
Listed by
Drew Wetherholt · License #License(s): CA: 01065168
(909) 456-7019
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 22 at 4:14AM Checked: Jul 22 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Drew Wetherholt
Investment Insights
Based on property information with market context.
Fiesta Plaza & Auto Center is a four-building strip commercial property totaling 37,045 rentable square feet, with a total of 26 units. The site includes two general retail buildings totaling 21,820 square feet across 15 units, plus an automotive service/retail building totaling 9,725 square feet across 10 units. Also on-site is a former restaurant space of 5,500 square feet that is currently vacant.
Access to the site is available from both Washington Boulevard and Greenwood Avenue. Most of the property appears to have been built in 1956.
The property is currently configured as multiple retail and service units within the plaza buildings, with the vacant restaurant offering an immediate opportunity for occupancy.
Access to the site is available from both Washington Boulevard and Greenwood Avenue. Most of the property appears to have been built in 1956.
The property is currently configured as multiple retail and service units within the plaza buildings, with the vacant restaurant offering an immediate opportunity for occupancy.
Key Highlights
- Four‑building strip commercial retail plaza totaling 37,045 rentable SF
- Includes a 5,500 SF vacant restaurant space
- Retail buildings total 21,820 SF with 15 units
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.25M | $33.84 |
| − Vacancy | −$82.7k | −$2.23 |
| EGI | $1.17M | $31.61 |
| − OpEx | −$351.3k | −$9.48 |
| NOI | $819.6k | $22.12 |
37,045 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$11.71M
$10.25M – $13.66M
NOI $819,606 @ 7.0% cap · market cap 8.64%
Second Best
Industrial
$6.18M
$5.41M – $7.22M
NOI $432,911 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$19.83M
$17.35M – $23.14M
NOI $1,388,362 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Four-building plaza totals 37,045 rentable square feet, including a vacant 5,500 SF restaurant and an auto service retail building.
Where is this strip mall located?
The property is located at 1111-1153 E Washington Blvd Montebello, CA.
What is the asking price?
The asking price for this property is $9,490,000.
What are key features of this property?
This property features: Four‑building strip commercial retail plaza totaling 37,045 rentable SF; Includes a 5,500 SF vacant restaurant space; Retail buildings total 21,820 SF with 15 units
