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Montebello Shopping Center 413 W Whittier Blvd 8,252 SF 100% Leased Retail Building Montebello, CA 90640 $2,950,000 ($357.49/SF) 4.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Signalized Corner Retial/Restaurant Plaza
- 2 Way Access, Easy Parking
- 6 Individual HVAC, 6 Individual Washrooms
EXECUTIVE SUMMARY
Presenting a rare opportunity to acquire a strategically located, free-standing Retail Shopping Plaza on W Whittier Blvd in Montebello. This prime property offers exceptional visibility on a corner lot, featuring an impressive 158 feet of frontage. The high-clearance, single-level building encompasses approximately 8,252 SqFt and was constructed in 1992. It consists of a total of six units, each equipped with its own bathroom, central HVAC, and rear access from the parking lot. The expansive lot spans 15,526 SqFt and includes 15 parking spaces, along with designated handicap parking. Access to the parking area is conveniently provided via the rear alley. This retail plaza is positioned in a densely populated area at the intersection of Whittier Blvd and Montebello Blvd, which is undergoing rapid development into a vibrant commercial and retail service zone. This property represents an outstanding opportunity for owner/user investment, suitable for a variety of retail and service applications. Nearby anchor tenants include Bank of America, CVS, Montebello Downtown Plaza, BLVD Market, numerous dining options, and various shopping venues.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$168,000
|
$20.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$168,000
|
$20.36
|
| Taxes |
$15,990
|
$1.94
|
| Operating Expenses |
$8,896
|
$1.08
|
| Total Expenses |
$24,886
|
$3.02
|
| Net Operating Income |
$143,114
|
$17.34
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $168,000 |
| Annual Per SF | $20.36 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $168,000 |
| Annual Per SF | $20.36 |
| Taxes | |
|---|---|
| Annual | $15,990 |
| Annual Per SF | $1.94 |
| Operating Expenses | |
|---|---|
| Annual | $8,896 |
| Annual Per SF | $1.08 |
| Total Expenses | |
|---|---|
| Annual | $24,886 |
| Annual Per SF | $3.02 |
| Net Operating Income | |
|---|---|
| Annual | $143,114 |
| Annual Per SF | $17.34 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
8,252 SF
Building Class
B
Year Built
1992
Price
$2,950,000
Price Per SF
$357.49
Cap Rate
4.86%
NOI
$143,370
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.36 AC
Zoning
MNC2* - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
9 Spaces (1.09 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Courtyard
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6349-004-023 | Total Assessment | $1,080,340 (2025) |
| Land Assessment | $330,919 (2025) | Annual Taxes | $15,990 ($1.94/SF) |
| Improvements Assessment | $749,421 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
6349-004-023
Land Assessment
$330,919 (2025)
Improvements Assessment
$749,421 (2025)
Total Assessment
$1,080,340 (2025)
Annual Taxes
$15,990 ($1.94/SF)
Tax Year
2024
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Montebello Shopping Center | 413 W Whittier Blvd
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