2635 Whittier Blvd Los Angeles, CA 90023

This exceptional investment opportunity presents a 6-unit mixed-use property located at 2631-2639 Whittier Blvd, Los Angeles, CA 90023. The property encompasses 6,746 square feet on a 9,600 square foot lot and consists of two buildings: a 4-unit street-level retail building (approximately 5,030 sq ft) and a detached 2-story duplex (1,716 sq ft). Currently vacant, this C2-zoned property offers significant upside potential. Built in 1947 and renovated in 2012 (building permit issued for addition), it benefits from a high daily traffic count (approximately 30,000 vehicles) and proximity to major freeways (I-5, US-101, CA-60, and I-10). The property's current NOI is $100,128, with a pro-forma NOI of $115,811, yielding a 6.00% cap rate and a pro-forma cap rate of 6.94%. The asking price is $1,668,000 ($247.26/sq ft). The property is subject to Los Angeles City's Rent Stabilization Ordinance (RSO). Previous tenants included a restaurant, bar cafe, church, and uniform manufacturing business, showcasing the diverse possibilities for future occupancy. This property presents a compelling opportunity for both investors seeking strong returns and owner-users looking to establish a presence in a vibrant, high-traffic location. The property is a fee simple ownership.