Remodeled Specialty Medical
For Sale
$2,750,000
901 Whittier, Montebello, CA 90640
Accessible healthcare facility with updated building systems, flexible office areas, security technology, and network connectivity throughout.
Property Size5,000 SF
Price / SF$550
Days on Market89
Property Features for 901 Whittier
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
security system with cameras
Wi-Fi and internet connections
digital telephone system
cable and satellite TV
central air conditioning
handicap accessible
Central Air
3
Carbon Monoxide Detector, Electric Dryer
Public Transport.
Building Details
Year Built
1949
Buildings
1
Listing Agency:
DIVERSIFIED WORKS
(562) 463-9919
Listed By:
FORTUNATO BARAJAS · License #01825344
(323) 423-4613
Source:
Xome
Added: Jun 9
Changed: Sep 4
Last Checked: Sep 4 at 2:16PM
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 DIVERSIFIED WORKS
Investment Insights
Based on property information with market context.
This 5,000-square-foot medical office property in Montebello was built in 1949 and comprehensively updated with replacement central air units, plumbing, electrical systems, flooring, fixtures, and interior finishes. The layout includes a substantial reception area, broad corridors, multiple offices, storage rooms, a laundry room with utility connections, and staff and visitor restrooms with accessible fixtures. Street-facing windows bring in natural light, while double entry doors and a low reception counter support accessibility. Security cameras and monitored alarm service are installed, and each room has network connections with employee and guest Wi-Fi. Optional dental equipment, including specialty chairs, lights, and an X-ray machine with software and licenses, is available.
The property is located at 901 Whittier in Montebello, near Beverly Hospital and emergency services offices. Montebello town center, retail stores, shopping centers, schools, churches, banks, municipal offices, and public centers are nearby. Access is available from the 5, 60, and 605 freeways, with the property positioned between Montebello Boulevard and Garfield Boulevard. Free parking is available across the street on the north side of Whittier Boulevard and Spence.
The property is located at 901 Whittier in Montebello, near Beverly Hospital and emergency services offices. Montebello town center, retail stores, shopping centers, schools, churches, banks, municipal offices, and public centers are nearby. Access is available from the 5, 60, and 605 freeways, with the property positioned between Montebello Boulevard and Garfield Boulevard. Free parking is available across the street on the north side of Whittier Boulevard and Spence.
Key Highlights
- 5,000‑square‑foot medical office property in Montebello
- Central air, plumbing, electrical, flooring, and fixtures were replaced
- Accessible entry, restrooms, low reception counter, and wide interior corridors
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
$109,296
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
3.97%
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%
$2,185,920
$2.2M
Cap Rate 7%
$1,561,371
$1.6M
Cap Rate 9%
$1,214,400
$1.2M
Market Conditions
NOI Build-Up for 5,000 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
$192.0K $38.40/SF
− Vacancy
−$46.3K −$9.25/SF
EGI
$145.7K $29.15/SF
− OpEx
−$36.4K −$7.29/SF
NOI
$109.3K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
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%
$2,185,920
Cap Rate 7%
$1,561,371
Cap Rate 9%
$1,214,400
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.82M
NOI $109,296 @ 7.0% cap · market cap 3.97%
Second Best
Healthcare Medical
$1.35M
$1.19M – $1.58M
NOI $94,820 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,389 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,651
Businesses Nearby
Under-served
Demand for This Use
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?
Medical Office Space - Accessible healthcare facility with updated building systems, flexible office areas, security technology, and network connectivity throughout.
Where is this medical office space located?
The property is located at 901 Whittier Montebello, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 5,000‑square‑foot medical office property in Montebello; Central air, plumbing, electrical, flooring, and fixtures were replaced; Accessible entry, restrooms, low reception counter, and wide interior corridors
