11448 Whittier BlvdWhittier, CA 90601
- Retail properties
- 360 SF
Property Details for 11448 Whittier Blvd
- Year built
- 1946
- Construction
- WOOD
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 360 SF
- Zone code
- LCC3*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 8171-026-004
- APU
- 8171026004
Description
This exceptional commercial property, located at 11448 Whittier Boulevard in Whittier, California (zip code 90601), presents a unique investment opportunity. The asking price is $799,000. The property consists of a 360 square foot building situated on a substantial 6,063 square foot lot, providing ample parking for approximately 13 vehicles. The property's versatile nature is highlighted by its history of diverse tenants, including limo services, shuttle van sales, and most recently, U-Haul rentals. For nearly 40 years prior, the building served as a barber shop. This suggests a wide range of potential uses for future occupants. The current building offers 360 square feet of space, but the significant lot size is the key asset. This property is particularly attractive to owner-operators seeking to eliminate rent payments and establish a permanent business presence. Furthermore, the property's adjacency to two other similarly available properties presents a compelling opportunity for expansion or consolidation. Don't miss this chance to acquire a valuable commercial property in a desirable Whittier location. The property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $152,032
- 6.5%
- $140,337
- 7%
- $130,313
-
Comparable approach
- Method
- Valuation
- Relative Method
- $172,513
- Geo Method
- $172,513
-
Alternative Use
- Use
- Valuation
- Residential
- $118,380
- Hospitality
- $108,435
- Educational
- $90,217
- Medical
- $93,319
- Retail
- $140,337
Location Insight
- City
- Whittier
- County
- Los Angeles
- State
- California
- Latitude
- 33.9842
- Longitude
- -118.056
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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