2401 Beverly Boulevard, Montebello
$995,000MLS® # OC24089286
$988,000
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Investment Opportunity in the Heart of Montebello!
Discover a rare investment opportunity with this versatile mixed-use property nestled in the vibrant heart of Montebello on Whittier Boulevard. The property features three retail spaces, each with unique layouts and high visibility, making it ideal for a variety of businesses. Additionally, a well-appointed rear residential unit provides flexibility for rental income.
Key Features:
Retail Spaces: Three retail spaces, each offering prime square footage and excellent foot traffic. Perfect for a range of businesses, from boutique shops to service providers.
Residential Unit: A comfortable rear residential presenting an attractive rental income opportunity.
Location Advantages:
Situated in a prime location, this property is close to amenities, public transportation, and major highways. The bustling neighborhood of Montebello ensures a steady flow of potential customers and residents.
Income Potential:
Explore the income potential of this property with a diversified revenue stream from both retail and residential components. Current leases in place provide immediate returns, while the strategic location promises future growth.
Investment Analysis:
This mixed-use gem offers a compelling investment opportunity with a solid cap rate, positive cash flow, and an attractive return on investment. The dynamic combination of retail and residential spaces makes it a well-rounded and lucrative venture.
Don't miss out on this rare gem ā seize the opportunity to make this versatile property your next successful investment!
MLS® # OC24089286
MLS® # DW23226796
Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 4:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.