Shared Courtyard Office
2603 Beverly Boulevard Montebello, CA 90640
2603 Beverly Boulevard, Montebello, CA, 90640
$1,300,000
For Sale
$1,300,000
Two detached single-story buildings with four units, front and rear entries, remodeled with a new roof and glass commercial-grade doors.
Property Size3,847 SF
Price / SF$337.93
Days on Market363
Property Features for 2603 Beverly Boulevard
General Information
- Standard status
- Active
- Size
- 3,847 SF
- Property subtype
- Office
Building Details
- Year Built
- 1954
Listing agency
ReMax Sky
(800) 406-4106
Listed by
Athena Sanchez
Source
Xome
Added: Jul 25, 2025 Updated: Jul 21 at 5:28AM Checked: Jul 21 at 5:28AM
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 ReMax Sky
Investment Insights
Based on property information with market context.
The property is a multi-unit office center featuring front and rear entryways for each unit. It includes two separate detached single-floor buildings, each with two units, arranged around a shared courtyard with security gates at both the front and rear entrances. Recent improvements include a new roof and new commercial-grade glass doors.
Located at 2603 Beverly Boulevard on a corner of Beverly Blvd and Hay St, the center is positioned on a high-traffic street with a signalized intersection. The remarks state the intersection sees over 50,000 vehicles per day, along with heavy foot traffic in the immediate area.
The property offers 7 parking spaces, including one handicap space located in the rear, with easy access from two directions.
Located at 2603 Beverly Boulevard on a corner of Beverly Blvd and Hay St, the center is positioned on a high-traffic street with a signalized intersection. The remarks state the intersection sees over 50,000 vehicles per day, along with heavy foot traffic in the immediate area.
The property offers 7 parking spaces, including one handicap space located in the rear, with easy access from two directions.
Key Highlights
- Two detached single‑story buildings totaling 3,847 sqft with 4 units (two units per building)
- Front and rear entry for each unit, with a shared courtyard in the center of the building
- Remodeled with a new roof and new glass commercial‑grade doors
Local Financial Insights For Office B
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 | $147.7k | $38.40 |
| − Vacancy | −$35.6k | −$9.25 |
| EGI | $112.1k | $29.15 |
| − OpEx | −$28.0k | −$7.29 |
| NOI | $84.1k | $21.86 |
3,847 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,092 @ 7.0% cap · market cap 6.47%
Second Best
Healthcare Medical
$1.04M
$911.9K – $1.22M
NOI $72,954 @ 7.0% cap · market cap 5.61%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two detached single-story buildings with four units, front and rear entries, remodeled with a new roof and glass commercial-grade doors.
Where is this office units located?
The property is located at 2603 Beverly Boulevard 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: Two detached single‑story buildings totaling 3,847 sqft with 4 units (two units per building); Front and rear entry for each unit, with a shared courtyard in the center of the building; Remodeled with a new roof and new glass commercial‑grade doors
