3501 Beverly Blvd Montebello, CA 90640
- Retail space
- 3,221 SF
- 0.13 lot acres
Current Use by Public Records
- Iglesia Pentecostes Tiempo Final / Pentecostal Church
- Treat Yourself Keto / Caterer / Bakery
- Tacomiendo / Mexican Restaurant
Property Details for 3501 Beverly Blvd
- Year built
- 1967
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 3,221 SF
- Zone code
- MNC2*
- Property type
- Retail space
- APN
- 6342-003-034
- APU
- 6342003034
Description
This exceptional mixed-use property, located at 3501 Beverly Boulevard in Montebello, California, presents a unique investment opportunity. Boasting 3,221 square feet on a 0.13-acre lot, this building enjoys prime visibility due to its corner location on a major commercial street. Currently occupied by a restaurant, beauty salon, and a church, the property offers a diverse tenant mix and established income stream. The restaurant benefits from a prominent corner position at the intersection of Beverly Boulevard and Bradshaw. Ample parking is available at the rear of the building, supplemented by convenient street parking. Its strategic location provides easy access to the 60 Freeway, Atlantic Station, and the Metro Gold Line, ensuring high traffic flow and excellent accessibility for both tenants and customers. The building's strong location and diverse tenant base make it an attractive investment for those seeking a stable and high-visibility commercial property in a thriving area. The asking price is $1,288,888. This is a rare opportunity to acquire a well-established mixed-use property in a desirable Montebello location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $345,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $320,000
- Mixed-Use
- $340,000
- Hospitality
- $335,000
- Educational
- $345,000
- Residential Income
- $345,000
- Energy
- $290,000
- Income-Based Land
- $355,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Montebello
- County
- Los Angeles
- State
- California
- Longitude
- -118.142
- Latitude
- 34.0247
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
