12310 Penn St Whittier, CA 90602
- Commercial real estate
- 118,541 SF
- 2.17 lot acres
Current Use by Public Records
- Playdays Collectibles / Toy Store / Collectibles Store
Property Details for 12310 Penn St
- Year built
- 1901
- Construction
- WOOD
- Lot size
- 2.17 lot acres
- Property size
- 118,541 SF
- Zone code
- WHM2*
- Property type
- Commercial real estate
- APN
- 8141-001-004
- APU
- 8141001004
Description
The Whittier Packing House, a landmark property originally constructed in 1901 and currently undergoing a comprehensive renovation slated for completion in 2026, presents a unique opportunity for businesses seeking creative office or warehouse space in Uptown Whittier. This multi-building complex boasts a total of 120,000 square feet, divided into four suites. Individual spaces range from a minimum of 6,000 square feet to a maximum contiguous area of 20,000 square feet, offering flexibility for various business needs. Currently, 26,880 square feet of warehouse space is immediately available. The property features high ceilings (11'11"), enhancing the spacious feel. Convenient access is provided by its prominent location at the intersection of Whittier Blvd and Penn St, with excellent frontage on both streets. Logistics are streamlined with four loading docks, four dock-high doors, and two drive-in doors. The property is zoned for commercial use and is located in Los Angeles County, within the Uptown Whittier submarket. While elevators are not present, the two-story buildings offer ample space. The property's APN is 8141-001-004. This is a rare chance to lease space in a historically significant building undergoing a modern revitalization. The property is currently home to King Richard's antiques store, a testament to its enduring appeal.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,570,000
- 6.5%
- $4,785,000
- 7%
- $4,600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,770,000
- Geo Method
- $4,960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,490,000
- Retail
- $5,200,000
- Mixed-Use
- $4,620,000
- Hospitality
- $5,360,000
- Educational
- $4,685,000
- Residential Income
- $4,370,000
- Energy
- $4,670,000
- Income-Based Land
- $5,545,000
- Food Service
- $5,395,000
Location Insight
- Map
- Local Demand
- City
- Whittier
- County
- Los Angeles
- State
- California
- Longitude
- -118.046
- Latitude
- 33.975
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA