Mixed-Use Live-Work Building with
2517 W Beverly Boulevard Montebello, CA 90640
For Sale
$974,800
Street-level commercial space plus an updated 2-bedroom residence, complemented by secure gated parking up to nine spaces.
Property Size2,850 SF
Lot Size0.12 Acres
Price / SF$342.04
Days on Market44
Property Features for 2517 W Beverly Boulevard
General Information
- Standard status
- Active
- Size
- 2,850 SF
- Lot size
- 0.12 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1964
Listing Agency:
Keller Williams SELA
(562) 334-1500
Listed By:
Jennifer Avellan · License #01468000
Source:
Xome
Added: Jun 13
Changed: Jul 24
Last Checked: Jul 26 at 3:51AM
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 Keller Williams SELA
Investment Insights
Based on property information with market context.
2517 W Beverly Boulevard is a mixed-use live-work property with street-level commercial space and an updated upper-level 2-bedroom, 1-bath residence. The residential unit includes modern finishes, washer/dryer hookups, and a private patio. Recent improvements reported for the property include updated electrical, dual-pane windows, newer HVAC systems, and a newer roof with a transferable warranty.
An adjacent vacant parcel is set up as a secure, gated parking lot with front and rear access. The parking area is described as having approximately 2,608 sq. ft., recently repaved, providing up to nine spaces for customers or the owner. The offering notes about 25K vehicles per day (ADT) along Beverly Blvd and placement just west of Garfield Ave, supporting strong exposure along Beverly Blvd.
The property is listed as approximately 2,850 sq. ft., with total usable land noted at approximately 5,294 sq. ft., combining the building site and the parking parcel.
An adjacent vacant parcel is set up as a secure, gated parking lot with front and rear access. The parking area is described as having approximately 2,608 sq. ft., recently repaved, providing up to nine spaces for customers or the owner. The offering notes about 25K vehicles per day (ADT) along Beverly Blvd and placement just west of Garfield Ave, supporting strong exposure along Beverly Blvd.
The property is listed as approximately 2,850 sq. ft., with total usable land noted at approximately 5,294 sq. ft., combining the building site and the parking parcel.
Key Highlights
- Mixed‑use building with street‑level commercial space and an updated 2‑bedroom, 1‑bath residence on the upper level
- Recent improvements include updated electrical, dual‑pane windows, newer HVAC systems, and a newer roof with transferable warranty
- Central air cooling; heating listed as '3' (system details not provided)
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 | $96.4k | $33.84 |
| − Vacancy | −$6.4k | −$2.23 |
| EGI | $90.1k | $31.61 |
| − OpEx | −$27.0k | −$9.48 |
| NOI | $63.1k | $22.12 |
2,850 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$900.8K
$788.2K – $1.05M
NOI $63,055 @ 7.0% cap · market cap 6.47%
Second Best
Office B
$890.0K
$778.7K – $1.04M
NOI $62,299 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,812 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Elite Body Studio
Gym & Fitness Center
Victoria's Hair Design
Hair Salon
FAQs
What type of property is this?
Live-work space - Street-level commercial space plus an updated 2-bedroom residence, complemented by secure gated parking up to nine spaces.
Where is this live-work space located?
The property is located at 2517 W Beverly Boulevard Montebello, CA.
What is the asking price?
The asking price for this property is $974,800.
What are key features of this property?
This property features: Mixed‑use building with street‑level commercial space and an updated 2‑bedroom, 1‑bath residence on the upper level; Recent improvements include updated electrical, dual‑pane windows, newer HVAC systems, and a newer roof with transferable warranty; Central air cooling; heating listed as '3' (system details not provided)
