3511 Beverly Blvd Montebello, CA 90640
- Retail space
- 3,000 SF
- 0.12 lot acres
Current Use by Public Records
- A-1 Floor Specialist LLC / Professional Services / Carpet Store
Property Details for 3511 Beverly Blvd
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 3,000 SF
- Zone code
- MNC2*
- Property type
- Retail space
- APN
- 6342-003-030
- APU
- 6342003030
Description
This exceptional commercial property, located at 3511 Beverly Boulevard in Montebello, California, presents a unique investment opportunity. Spanning 3,000 square feet on a 0.12-acre lot, this mixed-use building boasts three individual storefront units, perfectly suited for a diverse range of businesses. The property's prime location on Beverly Boulevard ensures excellent visibility and high foot traffic, making it an ideal choice for retail ventures, warehouse operations, or professional offices. Each unit offers its own distinct space, allowing for flexibility and customization to meet individual business needs. A key advantage is the secure gated parking area located at the rear of the building, providing convenient and safe parking for tenants and customers. One of the units features a convenient rolling garage door, adding to its versatility and potential uses. The asking price for this exceptional property is $1,200,000. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area with significant potential for growth and return on investment. The property's combination of high visibility, ample parking, and adaptable spaces makes it a truly compelling investment prospect. Don't miss this chance to secure a valuable asset in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $290,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $275,000
- Mixed-Use
- $215,000
- Hospitality
- $290,000
- Educational
- $215,000
- Residential Income
- $220,000
- Energy
- $250,000
- Income-Based Land
- $215,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- Montebello
- County
- Los Angeles
- State
- California
- Longitude
- -118.142
- Latitude
- 34.0249
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
