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8318 Whittier Boulevard, Pico Rivera, CA 90660

Commercial property

8318 Whittier Boulevard, Pico Rivera, CA 90660 Sold November 2024 CRMLS
$1,825,000Sold November 2024

Listing Agent: Nick Bakotich (DRE #02018524) · Listing Office: The Foster Company · Contact: 562-805-0527 · Bought with: Angelo Sabadin · ANGELO SABADIN, BROKER · MLS #PW24172926 · Source: CRMLS

11,000
Building Sq Ft
27,537 sqft
Lot Size
1963
Year Built
Light Industrial
Zoning
Commercial property
Type

About this commercial property

Excellent Opportunity for either an Owner User or Investment! It is located on the High Traffic corridor, Whittier Blvd in the city of Pico Rivera, just minutes from all major local freeways including the 605, 5, 60 & the 105. The property consists of 9 units with 10ft entry doors and individual bathrooms, totaling 11,000sf. With a Light Industrial Zoning, there is a vast range of businesses that would be permitted at this site. The building is set up perfectly for an Owner User to occupy their portion and lease out the remainder, yielding endless potential. Currently it is 100% tenant occupied, all on month-to-month leases, earning $145,000 of GOI. Tenants are currently paying their own utilities while owner pays water & trash. With a lot size of nearly 30,000sf, there is plenty of room for parking and additional storage. Phase 1 & Phase 2 reports have both been completed and have come back clean! Please contact Listing Broker for any and all information regarding, rent rolls, estoppels, environmental reports and any zoning information. Take Advantage of this Fantastic Opportunity!

Listing description from the November 2024 sale, as reported to CRMLS.

Sale history

$1,825,000
Sold November 2024 · listed $2,300,000, on market August 2024 · MLS #PW24172926 · Source: CRMLS
Listing Agent: Nick Bakotich · Listing Office: The Foster Company · Contact: 562-805-0527 · Bought with: Angelo Sabadin · ANGELO SABADIN, BROKER
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