3720 Whittier Blvd
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3720 Whittier Blvd
1,169 SF Retail Building Los Angeles, CA 90023 $708,709 CAD ($606 CAD/SF) 5% Cap Rate
Investment Highlights
- A corner unit located at a very busy area with great exposure.
Executive Summary
Discover an incredible opportunity to own a prime office/retail space in the bustling heart of East Los Angeles on Whittier Blvd. This location is known for its vibrant energy and exceptional visibility, making it ideal for owner-occupiers with an SBA loan or savvy investors. This property provides a blank canvas for your business vision. With an abundance of natural light streaming through large front windows and an open, versatile floor plan, this space is ready to accommodate a wide range of business concepts. Plus, enjoy the convenience of six dedicated parking spaces at the rear for easy access for both clients and staff. Motivated sellers are eager to make a deal, so don't miss this unparalleled opportunity to bring your business dreams to life. Act now and schedule a showing to explore the potential of this remarkable property. Check out the new photos showcasing the space in its current state!
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$50,177
|
$42.92
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,177
|
$42.92
|
| Taxes |
-
|
-
|
| Operating Expenses |
$6,293
|
$5.38
|
| Total Expenses |
$6,293
|
$5.38
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $50,177 |
| Annual Per SF | $42.92 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $50,177 |
| Annual Per SF | $42.92 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,293 |
| Annual Per SF | $5.38 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,293 |
| Annual Per SF | $5.38 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,169 SF
Building Class
B
Year Built
1920
Price
$708,709 CAD
Price Per SF
$606 CAD
Cap Rate
5%
NOI
$35,435 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Land Acres
0.06 AC
Zoning
M-1 - Limited Commercial
Parking
6 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
27 ft on Whittier Boulevard
Amenities
- 24 Hour Access
Walk Score ®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 5188-009-007 | Improvements Assessment | $144,147 CAD |
| Land Assessment | $204,443 CAD | Total Assessment | $348,590 CAD |
PROPERTY TAXES
Parcel Number
5188-009-007
Land Assessment
$204,443 CAD
Improvements Assessment
$144,147 CAD
Total Assessment
$348,590 CAD
-
Yann Fard -
Equity Union Real Estate
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3720 Whittier Blvd
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