229 Beverly BlvdMontebello, CA 90640
- Office properties
- 6,251 SF
For Sale
$2,749,999
View listing
Property Details for 229 Beverly Blvd
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 6,251 SF
- Zone code
- MNC2*
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6347-001-033
- APU
- 6347001033
Description
This exceptional 6,251 square foot free-standing medical building presents a unique investment opportunity in the thriving city of Montebello, California. Situated on a substantial 1.2364-acre lot at 229 Beverly Boulevard, this property enjoys a highly visible location on a busy street with significant foot traffic, ensuring excellent exposure and accessibility. Currently configured as an eye care clinic, the building features multiple well-maintained offices, offering flexibility for a variety of medical or professional uses. The sale includes only the real estate
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,795,828
- 6.5%
- $1,657,687
- 7%
- $1,539,281
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,188,690
- Geo Method
- $1,188,690
-
Alternative Use
- Use
- Valuation
- Residential
- $2,055,532
- Hospitality
- $1,882,856
- Educational
- $1,566,514
- Medical
- $1,620,389
- Retail
- $2,436,800
229 Beverly Blvd, Montebello, California
Location Insight
- City
- Montebello
- County
- Los Angeles
- State
- California
- Latitude
- 34.0149
- Longitude
- -118.096
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,729
$1,531,102
$656,186
$2,187,288
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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