Montebello, CA 90640,3329 W Beverly BLVD
Montebello, CA 90640,3329 W Beverly BLVD
Montebello, CA 90640,3329 W Beverly BLVD
Montebello, CA 90640,3329 W Beverly BLVD
Montebello, CA 90640,3329 W Beverly BLVD
Montebello, CA 90640,3329 W Beverly BLVD
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$790,000

$899,000

12.1%
Est.Price: ?

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Est. payment /mo

5,174 Sqft Lot


SOLD DATE : 07/30/2024

Key Details

Sold Price $790,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24135484

Sold Date 07/30/24

HOA Y/N No

Year Built 1949

Lot Size 5,174 Sqft

Property Description

We are excited to present the property located at 3329 W. Beverly Blvd., Montebello CA 90640. Located in the heart of Montebello, California, this rare
mixed-use property offers boundless potential.

The property boasts a two-story building spanning 3,418 sq ft, built in 1949, nestled on a generous 5,174 sq ft double lot. The bottom floor is retail/office and the top floor is a 3 bedroom 1 bath apartment waiting to be renovated, 7 parking spaces, which includes 2 garage spots. A value-add opportunity that presents an enticing prospect for owner/users or savvy investors/developers targeting a potential 6.50% CAP rate.

Strategically positioned on a busy thoroughfare with a daily vehicle count surpassing 33,000, this property commands unparalleled visibility and accessibility. It stands as a prime investment opportunity for discerning individuals seeking premium real estate. Situated in the thriving city of Montebello, it offers a coveted blend of retail, office, and residential possibilities, embodying the quintessential California dream of living, working, and investing in the dynamic Los Angeles metro area.

With quick access from the Pomona (60 FWY) and Long Beach (710 FWY) freeways and minutes from Downtown Los Angeles, makes this a great location for any business owner or investor.

Location

State CA

County Los Angeles

Area 674 - Montebello

Rooms

Other Rooms Living Quarters

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Upper Level

Exterior

Carport Spaces 2

Fence Chain Link

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Total Parking Spaces 7

Building

Lot Description Level, Rectangular Lot, Walkstreet, Zero Lot Line, Flat

Story 2

Water Public

Additional Building Living Quarters

Others

Tax ID 6342005013

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard, Trust

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California Regional MLS (CRMLS)
Listed by George Bustamante • Coldwell Banker Commercial • 714-856-7017
Bought with Juliet Mcnaughton • Sigma Realty
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