Montebello Multi-Tenant Commercial
For Sale
Contact for pricing
2601 W Beverly Blvd, Montebello, CA 90640
Multi-tenant retail and office property in Montebello, California.
Property Size3,847 SF
Lot Size0.20 Acres
Price / SF$337.93
Days on Market176
Property Features for 2601 W Beverly Blvd
General Information
Standard status
Active
Size
3,847 SF
Class
C
Lot size
0.20 Acres
Property subtype
Office
Zoning
MNC2
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Value Add
Net Operating Income
$108,000
Building Details
Year Built
1954
Buildings
2
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Dana Mota Investment and Real Estate
Listed By:
Dana Mota · License #01833661
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Jul 23 at 10:11AM
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 Dana Mota Investment and Real Estate
Investment Insights
Based on property information with market context.
Located at 2601–2605 W Beverly Blvd in Montebello, California, this multi-tenant property features approximately 3,847 square feet of commercial space. The property is situated on an 8,783 square foot corner lot, offering significant street exposure along a major commercial corridor. It comprises two detached, single-story buildings with four individual suites, each providing front and rear access. A secured central courtyard enhances the layout. Recent improvements include a newer roof and commercial-grade glass doors. The property is fully tenant occupied and generates approximately $108,000 in annual income. Rear surface parking includes seven standard spaces and one ADA space with convenient access from multiple directions. Positioned near a signalized intersection with high traffic counts, the property benefits from proximity to surrounding retail, dining, schools, and neighborhood services. The zoning and configuration support a variety of office, medical, and retail uses, making this an attractive opportunity for investors or owner-users seeking stable income with long-term upside.
Key Highlights
- Fully tenant occupied, generating approximately $108,000 in annual income.
- Located on a high‑traffic corner lot with strong street exposure along a major commercial corridor.
- Four individual suites with front and rear access, offering operational flexibility.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,113
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,702,260
$1.7M
Cap Rate 7%
$1,215,900
$1.2M
Cap Rate 9%
$945,700
$945.7K
Market Conditions
NOI Build-Up for 3,847 SF
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.
Gross rent
$130.2K $33.84/SF
− Vacancy
−$8.6K −$2.23/SF
EGI
$121.6K $31.61/SF
− OpEx
−$36.5K −$9.48/SF
NOI
$85.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,702,260
Cap Rate 7%
$1,215,900
Cap Rate 9%
$945,700
Alternative Uses
Best Use
Retail
$1.22M
$1.06M – $1.42M
NOI $85,113 @ 7.0% cap · market cap 6.55%
Second Best
Office B
$1.20M
$1.05M – $1.40M
NOI $84,092 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,177 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 90640, CA
62,678
Population
20,438
Households
3.1
Avg Household Size
38
Median Age
22%
College-Educated
74%
High-School Grad
8.3 sq mi
ZIP Area
7,552
Density / Sq Mi
$74,833
Median Household Income
$37,983
Median Earnings
$1,771
Median Rent
$660,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant retail and office property in Montebello, California.
Where is this mixed-use property located?
The property is located at 2601 W Beverly Blvd Montebello, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully tenant occupied, generating approximately $108,000 in annual income.; Located on a high‑traffic corner lot with **strong street exposure along a major commercial corridor.**; Four individual suites with front and rear access, offering operational flexibility.
