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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,150,000

Est. payment - /mo

7,487 Sqft Lot

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25100216

HOA Y/N No

Year Built 1957

Lot Size 7,487 Sqft

Property Sub-Type Mixed Use

Property Description

TRUST SALE!!! "SOLD AS IS" with some TLC needed to make it your own. Great investment in the area of Los Angeles. Opportunity property of 4126 Whittier Blvd , a mixed - use retail /Office/ residential property located in the East Los Angeles, Built in 1957. This property is comprised of 4 separate structures, totaling 4,207 square feet, that sit on a 7,500 square foot lot zoned LCC3. The four structures include the following: 1,100 square foot retail space, a 962 square foot retail space, a 3bed/1bath house, and 2 detached garages. The residential unit is currently owner-occupied, however the entire property will be delivered vacant at the close of escrow. Opportunities for many different owner-user investors that might consider occupying one or both retail spaces, the residential unit, or combination of both. The significant rental demand in the area will also be attractive to investors who do not wish to occupy the area and instead will consider adding value through interior and exterior upgrades to the property. There example of pictures noted of what it can be as a retail/office and restaurant type.

The garage in the rear contains a non-conforming studio and 1bed/1bath unit that could possibly be converted to one legal ADU (Buyer to investigate). The conversion of the garage to an ADU will significantly boost income for the property. Additionally the property is in a Historically Underutilized Business Zone (HUBZONE) and state Enterprise Zone, which can be very important and helpful to future tenants of the retail spaces. another advantage for potential developers is that the property is located within an Opportunity Zone and could provide the opportunity to offset significant capital gains taxes.
Whittier Blvd is a major artery the runs through all East Los Angeles and into Montebello and the City of Whittier. Its streets are lined with local business, restaurants, new multifamily developments, and much more. This parcel sits inside the 5, 60 and 710 Freeway Triangle and allows ease if access to all neighboring cities.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCL3

Interior

Flooring Stone, Tile, Wood

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Converted Garage, Driveway

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5239020003

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Trust

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Listed by Adriana Marquez KP Realty & Associates 562-774-8766, DRE #02054129

NEARBY SCHOOL & BUSINESS

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4126 Whittier BLVD Los Angeles, CA 90023