4126 Whittier Boulevard,Los Angeles, CA 90023
Los Angeles, CA 90023
Description
TRUST SALE!!! "SOLD AS IS" with some TLC needed to make it your own. Great investment in the area of Los Angeles. Opportunity property of 4126 Whittier Blvd , a mixed - use retail /Office/ residential property located in the East Los Angeles, Built in 1957. This property is comprised of 4 separate structures, totaling 4,207 square feet, that sit on a 7,500 square foot lot zoned LCC3. The four structures include the following: 1,100 square foot retail space, a 962 square foot retail space, a 3bed/1bath house, and 2 detached garages. The residential unit is currently owner-occupied, however the entire property will be delivered vacant at the close of escrow. Opportunities for many different owner-user investors that might consider occupying one or both retail spaces, the residential unit, or combination of both. The significant rental demand in the area will also be attractive to investors who do not wish to occupy the area and instead will consider adding value through interior and exterior upgrades to the property. There example of pictures noted of what it can be as a retail/office and restaurant type. The garage in the rear contains a non-conforming studio and 1bed/1bath unit that could possibly be converted to one legal ADU (Buyer to investigate). The conversion of the garage to an ADU will significantly boost income for the property. Additionally the property is in a Historically Underutilized Business Zone (HUBZONE) and state Enterprise Zone, which can be very important and helpful to future tenants of the retail spaces. another advantage for potential developers is that the property is located within an Opportunity Zone and could provide the opportunity to offset significant capital gains taxes. Whittier Blvd is a major artery the runs through all East Los Angeles and into Montebello and the City of Whittier. Its streets are lined with local business, restaurants, new multifamily developments, and much more. This parcel sits inside the 5, 60 and 710 Freeway Triangle and allows ease if access to all neighboring cities.
Details
| MLS # | SB25100216 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1957 |
| Days On Site | 496 |
| Listing Provided By | KP Realty & Associates | Adriana Marquez |
Features
| SQ Feet | 4,207 |
|---|---|
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 4 |
| Zoning | LCL3 |
| Acreage | 0.17 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Parking Features | Converted Garage, Driveway |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90023 |
| Area | 699 Not Defined |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90023 |
| Area | 699 Not Defined |
 | $1,249,900947 S Sunol DriveLos Angeles, CA 90023 |