3501 Beverly BlvdMontebello, CA 90640

Property Details for 3501 Beverly Blvd

Year built

1967

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

3,221 SF

Zone code

MNC2*

Property type

Retail properties

Property subtype

Retail space

APN

6342-003-034

APU

6342003034

Description

This exceptional mixed-use property, located at 3501 Beverly Boulevard in Montebello, California, presents a unique investment opportunity. Boasting 3,221 square feet on a 0.13-acre lot, this building enjoys prime visibility due to its corner location on a major commercial street. Currently occupied by a restaurant, beauty salon, and a church, the property offers a diverse tenant mix and established income stream. The restaurant benefits from a prominent corner position at the intersection of Beverly Boulevard and Bradshaw. Ample parking is available at the rear of the building, supplemented by convenient street parking. Its strategic location provides easy access to the 60 Freeway, Atlantic Station, and the Metro Gold Line, ensuring high traffic flow and excellent accessibility for both tenants and customers. The building's strong location and diverse tenant base make it an attractive investment for those seeking a stable and high-visibility commercial property in a thriving area. The asking price is $1,288,888. This is a rare opportunity to acquire a well-established mixed-use property in a desirable Montebello location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,360,264

  6.5%

  $1,255,628

  7%

  $1,165,941

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,543,514

  Geo Method

  $1,543,514

• Alternative Use

  Use

  Valuation

  Residential

  $1,059,170

  Hospitality

  $970,194

  Educational

  $807,190

  Medical

  $834,950

  Retail

  $1,255,628

Location Insight

City

Montebello

County

Los Angeles

State

California

Latitude

34.0247

Longitude

-118.142

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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