Property profile

2445 West Whittier Blvd Montebello, CA 90640

FOR LEASE
Investment properties
Property ID
US09-7357359
8,466 SF 0.23 ac lot Built 1962
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard
2445 West Whittier Blvd, Montebello, CA 90640 For Lease
$2,525,000 5,000 SF available
2445 West Whittier Blvd, Montebello, CA 90640
View Listing →

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1962
Construction WOOD
Total area 8,466 SF
Lot 0.23 ac (9,979 SF)
Zoning code MNC2*
APN 6351-001-030
UPID US09-7357359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Medical Clinic Ophthalmologist
  • Ophthalmologist
  • Construction Company General Contractor
  • Film Production Television Studio

Location

2445 West Whittier Blvd Montebello, CA 90640
Montebello metro Census 531902 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.45M
CAP Approach CAP
$2.64M
Comparable Approach Comparable
$3.12M
Blend (final) Blend
$2.53M

Owner & transaction history

since 2021
Last sale
$2.4M
7 recorded transactions
2021
$2.4M
1991
$810,000
1989
$15,000
1989
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MNC2* · Montebello, CA
Top alternative use upside
Auto repair, garage $3.9M +70.4%
Medical building $3.9M +67.4%
Warehouse, storage $2.5M +8.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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