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3518 Whittier Blvd
Los Angeles, CA 90023

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,380 SF
Building Class
C
Year Built/Renovated
1947/2008
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.20 AC
Zoning
C2
Parking
12 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
62 FT on Whittier

Amenities

  • Bus Line

About 3518 Whittier Blvd , Los Angeles, CA 90023

The property is leased to two primary tenants, with one of the two leases comprising a master lease for three separate businesses. The master lease covers approximately 65% of the leasable areas, with a graphics business, the food truck, and a corner grocery. A high profile catering company occupies the balance of approximately 35% of the leasable area. All leases are modified gross, with tenants paying utilities and janitorial. The owner is responsible for taxes, insurance, and main systems. The leases are mostly month-to-month*, a distinct landlord advantage for this tenant type/ market. However, longer term leases may be obtainable if preferred. Each tenant pays $4,500 total per month (x2). *One of the two separate leases for the catering business is not month to month.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5188-016-009
Land Assessment
$725,086
Improvements Assessment
$557,758
Total Assessment
$1,282,844
  • Listing ID: 11175217

  • Date on Market: 1/8/2018

  • Last Updated:

  • Address: 3518 Whittier Blvd, Los Angeles, CA 90023

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