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1536 W Olympic Blvd 1,445 SF 100% Leased Retail Building Montebello, CA 90640 $550,000 ($380.62/SF)
Investment Highlights
- Stand-alone retail building with a storefront design, offering visibility along W Olympic Boulevard.
- Convenient rear parking with alley access, enhancing customer and tenant accessibility.
- Positioned within minutes of major Los Angeles freeways, providing strong regional connectivity.
- Zoned MNC2, allowing for a variety of commercial uses suitable for owner-users or investors.
- Located in a highly walkable area with a Walk Score of 87, surrounded by local businesses and amenities.
- Single-story structure built in 1948, offering potential for customization or adaptive reuse.
Executive Summary
Presenting a commercial building with parking in the rear, access from the front and alley, zoned C2 GREAT for an owner user or investment .Stand-Alone, Auto Service, Industrial, Live/Work, Retail, Single-Tenant
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
1,445 SF
Building Class
C
Year Built
1948
Price
$550,000
Price Per SF
$380.62
Percent Leased
100%
Building Height
1 Story
Building FAR
0.32
Lot Size
0.10 AC
Zoning
MNC2* - Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr.
Business, Churches, Schools, Auto Sales
Frontage
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6337-001-021 | Improvements Assessment | $97,067 |
| Land Assessment | $192,955 | Total Assessment | $290,022 |
Property Taxes
Parcel Number
6337-001-021
Land Assessment
$192,955
Improvements Assessment
$97,067
Total Assessment
$290,022
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1536 W Olympic Blvd
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