Commercial property · 2 recorded sales since 2020
Listing Agent: Craig Marson (DRE #01210177) · Listing Office: First Team Real Estate - Rossmoor · Contact: 562-596-9911 · Bought with: Richard Martinez · Keller Williams Rlty Whittier · MLS #DW19240289 · Source: CRMLS
Located in the highly sought after historic district of Whittier, this mixed-use property is a great buy at the current list price. The property includes 2 offices that are former doctors' offices. Both commercial offices have lots of patient rooms and an office each. Above the office area is a large 2-3 bedroom unit that rents for around $1,625 a month. Above the 6 car garages are two units that are one bedroom each that currently rent for just over $1,000 each. Plus the two commercial units should rent for $2000 per month, so total rents should be around $7500 per month or $90,000 per year when fully occupied. With those kinds of rent, it's an absolute steal so do not wait to purchase this property. Located close to restaurants and shopping, this property won't last long in the current market.
Listing description from the February 2020 sale, as reported to CRMLS.