524 Blvd Montebello, CA 90640
- Commercial real estate
- 887 SF
- 0.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 524 Blvd
- Year built
- 1960
- Lot size
- 0.53 lot acres
- Property size
- 887 SF
- Property type
- Commercial real estate
Description
This exceptional 23,000 square foot corner lot, situated at 524 Boulevard in Montebello, California, presents a unique investment opportunity. The property boasts a substantial 0.53-acre parcel (100.5' x 223.5') on a major street, offering significant visibility and accessibility. Currently zoned C2 (please verify with the city), this location is ideal for a variety of commercial ventures, including a drive-thru restaurant, retail strip, or affordable housing development. Its proximity to a new train station (1.5 blocks away) provides excellent transportation access and enhances its appeal. The property's history includes a long-standing sandwich shop and barber shop, both generating approximately $1600 in monthly rent (verification recommended). The property is being sold or leased "as is," reflecting its value primarily in the land itself. This represents a rare opportunity to acquire a large corner lot in a prime Montebello location with substantial development potential. The high-traffic area and proximity to public transportation make this an attractive investment for those seeking strong returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montebello
- County
- Los Angeles
- State
- California
- Longitude
- -118.114
- Latitude
- 34.0142
