Two-Story Retail
For Sale
Contact for pricing
1408 W Whittier, Montebello, CA 90604
A 2,000-square-foot property sits across from Montebello City Park in an established business corridor.
Property Size2,000 SF
Price / SF$2.25
Days on Market20
Property Features for 1408 W Whittier
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Building Details
Stories
2
Listing Agency:
PLF Real Estate Solutions
Listed By:
Herbert Diaz · License #01458024
(562) 639-9636
Source:
K9hausrealty
Added: Oct 13
Changed: Oct 30
Last Checked: Oct 30 at 2:02AM
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 PLF Real Estate Solutions
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-level retail property contains approximately 2,000 square feet at 1408 W Whittier in Montebello. The space previously operated as a barbershop.
Montebello City Park is directly across the street. Nearby businesses include a dental office, Mr. Meats butcher shop, and a dry cleaner.
Montebello City Park is directly across the street. Nearby businesses include a dental office, Mr. Meats butcher shop, and a dry cleaner.
Key Highlights
- Approximately 2,000 square feet across two stories
- Directly across the street from Montebello City Park
- Nearby businesses include a dental office, Mr. Meats butcher shop, and a dry cleaner
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,249
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,980
$885.0K
Cap Rate 7%
$632,129
$632.1K
Cap Rate 9%
$491,656
$491.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$67.7K $33.84/SF
− Vacancy
−$4.5K −$2.23/SF
EGI
$63.2K $31.61/SF
− OpEx
−$19.0K −$9.48/SF
NOI
$44.2K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,980
Cap Rate 7%
$632,129
Cap Rate 9%
$491,656
Alternative Uses
Best Use
Retail
$632.1K
$553.1K – $737.5K
NOI $44,249 @ 7.0% cap · market cap 983.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$936.9K – $1.25M
NOI $74,955 @ 7.0% cap · market cap 1,665.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,925
Businesses Nearby
Explore this area
Business Placement
Demographics for 90604, CA
40,110
Population
12,103
Households
3.3
Avg Household Size
37
Median Age
23%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
9,550
Density / Sq Mi
$101,104
Median Household Income
$47,359
Median Earnings
$1,809
Median Rent
$684,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A 2,000-square-foot property sits across from Montebello City Park in an established business corridor.
Where is this retail space located?
The property is located at 1408 W Whittier Montebello, CA.
What are key features of this property?
This property features: Approximately 2,000 square feet across two stories; Directly across the street from Montebello City Park; Nearby businesses include a dental office, Mr. Meats butcher shop, and a dry cleaner
