Six-Unit Mixed-Use Retail
For Sale
$2,850,000
413 W Whittier, Montebello, CA 90640
Individually configured retail suites each include a private restroom in a downtown commercial setting.
Property Size8,252 SF
Days on Market84
Property Features for 413 W Whittier
General Information
Standard status
Active
Size
8,252 SF
Total Parking Spaces
15
Property subtype
Retail
Additional Details
Gross Income
$168,000
Frontage
157 ft
Amenities
private restrooms
Building Details
Building Size
8,252 SF
Year Built
1992
Tenancy
Multi
Listing Agency:
1000 Realty Corporation
Listed By:
Ken Fang · License #01236393
(626) 656-8632
Source:
Velocityrealtysd
Added: Jul 29
Changed: Oct 20
Last Checked: Oct 19 at 12:48PM
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 1000 Realty Corporation
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Investment Insights
Based on property information with market context.
This mixed-use retail plaza contains six separate units, with a private restroom serving each suite. Built in 1992, the property includes 15 parking spaces behind the building and presents 157 feet of frontage along a main street.
The property is located within the Downtown Montebello Specific Plan and is within walking distance of supermarkets and other commercial establishments. Long-term tenants occupy the retail units, providing an established operating configuration for the property.
The property is located within the Downtown Montebello Specific Plan and is within walking distance of supermarkets and other commercial establishments. Long-term tenants occupy the retail units, providing an established operating configuration for the property.
Key Highlights
- Six‑unit retail plaza with a private restroom in every unit
- 157 feet of frontage facing a main street
- 15 parking spaces located at the rear of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,572
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,651,440
$3.7M
Cap Rate 7%
$2,608,171
$2.6M
Cap Rate 9%
$2,028,578
$2.0M
Market Conditions
NOI Build-Up for 8,252 SF
Gross rent
$279.2K $33.84/SF
− Vacancy
−$18.4K −$2.23/SF
EGI
$260.8K $31.61/SF
− OpEx
−$78.2K −$9.48/SF
NOI
$182.6K $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%
$3,651,440
Cap Rate 7%
$2,608,171
Cap Rate 9%
$2,028,578
Alternative Uses
Best Use
Retail
$2.61M
$2.28M – $3.04M
NOI $182,572 @ 7.0% cap · market cap 6.41%
Second Best
Mixed Use
$2.39M
$2.09M – $2.79M
NOI $167,103 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$4.42M
$3.87M – $5.15M
NOI $309,266 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,721
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Individually configured retail suites each include a private restroom in a downtown commercial setting.
Where is this mixed-use property located?
The property is located at 413 W Whittier Montebello, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Six‑unit retail plaza with a private restroom in every unit; 157 feet of frontage facing a main street; 15 parking spaces located at the rear of the property
