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Executive Summary
Welcome to the beautiful city of Pico Rivera! This amazing mixed-use property is now available on the market, offering a total of four units and incredible versatility. The two front units are currently being used as a workshop but can easily be converted into retail, office, or other commercial uses. The property also features two residential units: one located on the second floor, offering a spacious 2-bedroom, plus bonus room, 2-bath layout that has been recently remodeled with recessed lighting, high ceilings, new flooring, and updated kitchen cabinets. In addition, there is a detached two-story unit with a 1-bedroom, 1-bath layout, also recently remodeled with recessed lighting, fresh paint, and new flooring. The property includes a 1-car garage with washer and dryer hookups, a driveway that can accommodate multiple vehicles, and convenient alley access for additional parking. All units are currently tenant-occupied, but some units maybe deliver vacant at COE making this an excellent opportunity for investors seeking steady cash flow or for an owner-user looking to operate a business while generating rental income. This property offers endless potential and will not last!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,992 SF
Building Class
C
Year Built
1927
Price
$999,999
Price Per SF
$250.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.27
Lot Size
0.07 AC
Zoning
PRCG
Parking
4 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
27’ on Whittier Blvd
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6347-026-007 | Improvements Assessment | $166,767 |
| Land Assessment | $388,198 | Total Assessment | $554,965 |
Property Taxes
Parcel Number
6347-026-007
Land Assessment
$388,198
Improvements Assessment
$166,767
Total Assessment
$554,965
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8317 Whittier Blvd
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