228 E Beverly Blvd 2.03 Acres of Commercial Land Offered at $6,112,434 in Montebello, CA 90640
INVESTMENT HIGHLIGHTS
- 1st time on the market in 23 years.
- Potential commercial and or residential development site.
- Well located close to the Beverly Hospital
EXECUTIVE SUMMARY
Seller is a Trust selling for estate purposes. Car wash (220 E. Beverly), office building (200 E. Beverly) and parking lot (512 N. Poplar Ave.) not included in the sale.
PROPERTY FACTS
| Price | $6,112,434 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.03 AC |
1 LOT AVAILABLE
Lot
| Price | $6,112,434 |
| Price Per AC | $3,005,639.60 |
| Lot Size | 2.03 AC |
2+ acres on Beverly Blvd w 240' of frontage ready for development. 5 garages included in the sale as well as the exterior parking lot outside of fenced portion. 2 Parcels 224 and 228 E Beverly Blvd. included in the sale.
DESCRIPTION
240' of frontage on Beverly Blvd. Flat lot near the intersection of Beverly Blvd. and Poplar Ave in Montebello. Close to Beverly Hospital, public transportation, restaurants, shopping, churches and schools.
1 of 1
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20,400 | |
| Land Assessment | $7,749,960 | Total Assessment | $7,770,360 |
ZONING
| Zoning Code | C2 |
