829 Washington BlvdMontebello, CA 90640
- Office properties
- 1,495 SF
Property Details for 829 Washington Blvd
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.69 AC
- Property size (Sq ft)
- 1,495 SF
- Zone code
- MNCM*
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6352-007-050
- APU
- 6352007050
Description
This exceptional 1,495 square foot commercial land parcel, located at 829 Washington Blvd in Los Angeles County, presents a compelling redevelopment opportunity. The property boasts a total buildable area of 30,126 square feet, offering significant potential for a variety of commercial ventures. Its strategic location ensures high visibility and accessibility, benefiting from substantial traffic counts of 34,827 vehicles annually (2022 data). The site is zoned for heavy commercial use, providing flexibility for diverse development plans. The property features 220 single-phase power, simplifying utility connections. This single-tenant property is further enhanced by the availability of owner financing, making it an attractive investment proposition for qualified buyers. This is a rare chance to acquire a centrally located, high-traffic commercial land parcel with significant upside potential in a thriving Los Angeles County market. The SBA approved status adds another layer of investment security. Don't miss this opportunity to secure a prime piece of Los Angeles real estate.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $429,493
- 6.5%
- $396,455
- 7%
- $368,137
-
Comparable approach
- Method
- Valuation
- Relative Method
- $284,289
- Geo Method
- $284,289
-
Alternative Use
- Use
- Valuation
- Residential
- $491,605
- Hospitality
- $450,307
- Educational
- $374,650
- Medical
- $387,535
- Retail
- $582,789
Location Insight
- City
- Montebello
- County
- Los Angeles
- State
- California
- Latitude
- 33.9938
- Longitude
- -118.118
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].