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413 W Whittier Blvd
Montebello, CA 90640
Montebello Shopping Center · Retail Property For Sale
Investment Highlights
- OWNER-USER OR INVESTMENT OPPORTUNITY - Unit 104 is Seller-occupied, with the Seller open to a six-month leaseback to provide transition flexibility
- MARK-TO-MARKET CAPTURE POTENTIAL - Approximately $20,700 of incremental annual NOI achievable through leasing to current market rents
- PROMINENT CORNER LOCATION - Surrounded by national retail anchors including Bank of America, CVS, AT&T, Wells Fargo, and Chevrolet
- DENSE INFILL TRADE AREA WITH ESTABLISHED RETAIL BASE - Nearby grocery, banking, dining, automotive, and entertainment uses support long-term viability
- PARKING AND ACCESS ADVANTAGES - Approximately 15 on-site parking spaces
- E-COMMERCE-RESISTANT TENANT MIX WITH NEAR-TERM UPSIDE - Necessity-based and service-oriented tenants reduce exposure to online retail disruption
Property Facts
Property Type
Building Size
8,252 SF
Building Class
B
Year Built
1992
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.36 AC
Zoning
Mixed Use - Mixed Use
Parking
15 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
158’ on Whittier Blvd
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 6349-004-023 | Improvements Assessment | $749,421 |
| Land Assessment | $330,919 | Total Assessment | $1,080,340 |
Property Taxes
Parcel Number
6349-004-023
Land Assessment
$330,919
Improvements Assessment
$749,421
Total Assessment
$1,080,340
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