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7246-7250 Painter Ave
Whittier, CA 90602
Signalized Corner Uptown Whittier · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
10,980 SF
Building Class
B
Year Built/Renovated
1989/2019
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,563 SF
Building FAR
0.48
Lot Size
0.53 AC
Zoning
CO, Whittier - Zoning Allows a wide arrange of uses including: Restaurant, Retail, General Office and Medical/Dental
Parking
43 Spaces (3.87 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Security System
  • Signage
  • Central Heating
  • High Ceilings
  • Partitioned Offices
  • Air Conditioning
  • Balcony

ABOUT 7246-7250 PAINTER AVE , WHITTIER, CA 90602

Hudson Partners has been exclusively retained to market an office over retail Owner-User opportunity in Uptown Whittier. The building's current zoning is (U-G) Uptown General which is generous under this Specific Plan. By right the following uses could be implemented as permitted uses: media production, museum, residential mixed-use, transitional housing, general retail, food market, coffee shop, restaurant, cafe, ATM walk-up, bank, child day care, and medical office. A Buyer can achieved the uses aforementioned without need to apply for a change of use on the subject property. The property is undergoing extensive renovations both interior and exterior at this time (see offering memorandum). The ground floor features 3 retail suites, with a vacant end-cap of approximately 3,113 square feet to be delivered in shell condition. The 3rd suite is separated by a spacious and covered breezeway of approximately 1,350 square feet (not included in the square footage). This tenant is month-to-month and is currently operating as a hair salon. The second floor is general office space of which 3,245 square feet is being built-out turnkey condition for seller, with the intentions to occupy. Seller would entertain a sale leaseback upon its completion and remain as a tenant or the Buyer can occupy it themselves at the close of escrow. There are two other vacant suites as well, one on the northern side with balconies on its east/west ends (1,162sf)and the other office suite a smaller one situated in the middle of them(603sf). This property is ideal for an Owner-User Buyer looking to occupy a portion of their own business. Given the aggressive zoning, there are a variety of choices such as medical, retail related, banks, or general office. Additionally, there are a plethora loan products available for Owner-User Buyers looking to lower their occupancy by acquiring a building for their own use. SBA loans offer a Buyer an opportunity to purchase with 10% down payment. The lender will even financing an additional tenant improvements, if desired by the Buyer for their own tenant improvements.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8138-008-001
  • 8138-008-011
  • 8138-008-026
Land Assessment
$2,868,443
Improvements Assessment
$958,456
Total Assessment
$3,826,899
  • Listing ID: 15335131

  • Date on Market: 3/3/2019

  • Last Updated:

  • Address: 7246-7250 Painter Ave, Whittier, CA 90602

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