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Bright Hadley Building 13112 Hadley St 17,127 SF 92% Leased Office Building Whittier, CA 90601 $6,195,000 ($361.71/SF) 5.88% Cap Rate
Executive Summary
Partners CRE is pleased to present for sale, a rare opportunity to purchase a mixed-use building in Whittier. Situated in the historic “Uptown District” in the heart of Whittier, the Bright Hadley Building presents a rare opportunity to acquire a true mixed-use income asset with both stability and upside. An outstanding location combined with a beautiful façade, the unit mix in this building is ideal: 12 professional office suites and 10 residential apartment units, offering diversified income streams within a single investment. Each office space is paired with its own dedicated parking space. The residential component is comprised of a total of 19 bedrooms and 18 bathrooms, each also benefiting from assigned parking. Located just one block off of the charming shops and restaurants of Greenleaf Avenue, the property enjoys excellent accessibility, proximity to local amenities, dining, and retail. This building provides pride of ownership with a smart investment that combines commercial and residential income in a prime location.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
17,127 SF
Building Class
B
Year Built
1992
Price
$6,195,000
Price Per SF
$361.71
Cap Rate
5.88%
NOI
$364,266
Percent Leased
92%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,564 SF
Building FAR
1.12
Lot Size
0.35 AC
Zoning
C2UD, Whittier
Parking
38 Spaces (1.6 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Three (3) private offices, reception area and storage office, monthly rent $1,695.
One (1) private office and a large reception area.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 108 | 800 SF | Office | - | Now |
| 1st Fl-Ste 111 | 500 SF | Office | - | Now |
1st Fl-Ste 108
| Size |
| 800 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 111
| Size |
| 500 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 108
| Size | 800 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Three (3) private offices, reception area and storage office, monthly rent $1,695.
1st Fl-Ste 111
| Size | 500 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
One (1) private office and a large reception area.
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8139-003-032 | Improvements Assessment | $1,040,400 |
| Land Assessment | $4,681,800 | Total Assessment | $5,722,200 |
Property Taxes
Parcel Number
8139-003-032
Land Assessment
$4,681,800
Improvements Assessment
$1,040,400
Total Assessment
$5,722,200
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Bright Hadley Building | 13112 Hadley St
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