2322 2320 W Whittier Boulevard

Montebello, CA 90640

PRICE REDUCED

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-$200,000 (-15.38%)

$1,100,000

List Price

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1954

calendar_month Built

Property Description

This property embodies the quintessential vision of any astute investor; its prospects for development are nothing short of boundless. It has three lots, each with its own individual Assessor's Parcel Number (APN) identifiers, as Parking Lot 2,515 soft. 6343-022-029. Center Lot is 2,538 sqft. 6343-022-028, and right lot is 2533 sqft with the 440 sqft building 6343-022-027 Lot one is the parking lot, all yours to use or build on. The property's confines terminate to the left near the black fence. Additionally. The second lot in the center consists of three structures, storefront building occupies the premises, housing two studio apartments with new restrooms and kitchenettes. The second behind is a 2 story building with two studio apartments, one on the first floor and one on the second floor., one tenanted under the Section 8 housing program. The garage situated at the rear is also profitably rented out for use as a shop with a restroom (This will be vacant at close), further enhancing the income potential of this unique real estate venture. To round off this multifaceted investment, this expansive property on the right is an office, complete with an adjoining restroom. Including a large parking lot behind the building.

Listing Information

List Price $1,100,000
Status Active
MLS DW23192766
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1954
Lot Size 7,586
Structure Size N/A
DOM 340
Courtesy Of Circle Real Estate
Listing Agent Ricardo Ceballos Jr. DRE#01371690

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Ricardo Ceballos Jr., Circle Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 5:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.