Property profile

2517 Beverly Blvd Montebello, CA 90640

FOR SALE
Other investment properties
Property ID
US09-6410895
2,850 SF 0.06 ac lot Built 1964
Individually Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

Located in Montebello, California, this mixed-use property totals 2,850 square feet and includes ground-floor commercial space with frontage on Beverly Boulevard plus an upstairs residential apartment. The commercial level is currently arranged for a hair salon with individual stations and two additional rooms suitable for services such as facial treatments and waxing, and it can be reconfigured for other business uses. The residential unit is a 2-bedroom, 1-bath apartment with modern finishes, side-by-side washer/dryer hookups, and a private patio. The building features improvements including a replaced roof with a transferable warranty, an upgraded 220-volt electrical panel, energy-efficient dual-pane windows, and two air conditioning units sized at 3-ton and 5-ton. An additional parcel on the property provides more than 2,200 square feet of gated parking with access from both the front and rear.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1964
Construction WOOD
Total area 2,850 SF
Lot 0.06 ac (2,686 SF)
Zoning code MNC2*
APN 6343-006-016
UPID US09-6410895

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
  • Gym & Fitness Center Training Center
  • Hair Salon Nail Salon

Location

2517 Beverly Blvd Montebello, CA 90640
Montebello metro Census 530204 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2019
Price N/A
1998
$195,000
1972
$31,000
1969
Price N/A

Zoning & alternative use

MNC2* · Montebello, CA

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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