800 Beverly BlvdMontebello, CA 90640

Property Details for 800 Beverly Blvd

Year built

1967

Construction

TILT-UP CONCRETE

Lot size

14.95 AC

Property size (Sq ft)

98,118 SF

Property type

Community centers

APN

5294-019-008

APU

5294019008

Description

This exceptional business opportunity presents a well-established beauty supply store and salon ideally situated in the bustling Mart of Montebello shopping plaza. The property enjoys a high-traffic location alongside prominent national retailers such as Vons, Dollar Tree, Ross, Marshalls, Chase Bank, and Starbucks, ensuring consistent customer flow. This thriving business has served the community for 24 years, building a strong reputation for quality products and services and generating diverse revenue streams. The 3,200 square foot space is thoughtfully divided: 1,900 square feet dedicated to the salon, featuring five styling stations and nine individual suites, most of which are currently rented out to independent stylists. The remaining 900 square feet houses the well-stocked beauty supply store. The business comes fully equipped and benefits from established supplier relationships, making it a truly turnkey operation ready for a new owner to step in and continue its success. The owner's retirement presents this unique opportunity. Seller financing may be considered. Please note: The current staff is unaware of the sale

• CAP approach

  CAP return

  Valuation

  6%

  $41,436,324

  6.5%

  $38,248,912

  7%

  $35,516,848

• Comparable approach

  Method

  Valuation

  Relative Method

  $47,018,460

  Geo Method

  $47,018,460

• Alternative Use

  Use

  Valuation

  Residential

  $32,264,390

  Hospitality

  $29,554,008

  Educational

  $24,588,588

  Medical

  $25,434,226

  Retail

  $38,248,912

Location Insight

City

Montebello

County

Los Angeles

State

California

Latitude

34.0194

Longitude

-118.107

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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