Back to Search
Mixed-Use Property Near Uptown Whittier

6354 Painter Ave Whittier, CA 90601

6354 Painter Ave, Whittier, CA, 90601
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

Mixed-use property near retailers and Uptown Whittier's local gems.

Property Size8,518 SF
Price / SF$176.10
AddedJul 25, 2024
Days on Market722
Last RefreshJul 15 at 2:25 pm

Property Features for 6354 Painter Ave

General Information

Standard status
Active
Size
8,518 SF
Property subtype
Mixed Use, Multifamily, Office

Building Details

Year Built
1916

Listing office Principle Quality Investments

Listing date Jul 25, 2024

Source Crexi

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 Principle Quality Investments


Investment Insights

Based on property information with market context.

This mixed-use property is situated close to numerous large retailers, including Starbucks, Coffee Bean, Ralph's, CVS, Subway, McDonalds, Wells Fargo, and Chase Bank. It is also conveniently located near Uptown Whittier, a vibrant area known for local attractions such as the Whittier Starlight Theater, California Grill & Bar, The Chicken Koop, Cena Vegan, Off the Hook Fish Grill, Tacos Y Que, Turnbull's Tavern, Nixon Steakhouse, and Crooked Gaff Kitchen. The property encompasses a total size of 8518 square feet.

Key Highlights

  • Close proximity to Uptown Whittier's restaurants and entertainment.
  • Convenient access to major retailers like Starbucks, Ralph's, and CVS.
  • Located near banks such as Wells Fargo and Chase Bank.

Local Financial Insights For Apartment 5plus

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 $270.9k $31.80
− Vacancy −$21.7k −$2.54
EGI $249.2k $29.26
− OpEx −$112.1k −$13.17
NOI $137.1k $16.09
8,518 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Retail
$2.69M
$2.36M – $3.14M (±1% cap)
NOI $188,457 @ 7.0% cap · market cap 12.56%
Second Best
Office B
$2.66M
$2.33M – $3.10M (±1% cap)
NOI $186,197 @ 7.0% cap · market cap 12.41%
Theoretical Best
Office A
$4.56M
$3.99M – $5.32M (±1% cap)
NOI $319,235 @ 7.0% cap · market cap 21.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Saphire Dental Home Health Care Service Kenneth Purdom Physician

Suggested Use

Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property near retailers and Uptown Whittier's local gems.
Where is this mixed-use property located?
The property is located at 6354 Painter Ave Whittier, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Close proximity to Uptown Whittier's restaurants and entertainment.; Convenient access to major retailers like Starbucks, Ralph's, and CVS.; Located near banks such as Wells Fargo and Chase Bank.
Contact an agent
(626) 594-4901 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message