For Sale
5 Unit Auto Repair Center Investment Opportunity
Property Description
Investment Overview:
The Subject Property is a multi-tenanted (80% Leased), investment NN asset, secured by Month to Month (MTM) leases.
This 5,430 sq. ft. (+/-) property sits on 0.57 acres of land and is located in the heart of Whittier, California.
Currently, the property is located a busy intersection, surrounded by ample retail amenities, and easy access to main arterial roads.
The Subject Property is a multi-tenanted (80% Leased), investment NN asset, secured by Month to Month (MTM) leases.
This 5,430 sq. ft. (+/-) property sits on 0.57 acres of land and is located in the heart of Whittier, California.
Currently, the property is located a busy intersection, surrounded by ample retail amenities, and easy access to main arterial roads.
Property Facts:
Municipal Address: 14230 Telegraph Road, Whittier, California
Year Built: 1983
Lease Terms: Month to Month (MTM) Leases
NOI: $144,684.00
Zoning Permitted Uses: LCC4-C3 allows for Residential Uses with a CUP.
Municipal Address: 14230 Telegraph Road, Whittier, California
Year Built: 1983
Lease Terms: Month to Month (MTM) Leases
NOI: $144,684.00
Zoning Permitted Uses: LCC4-C3 allows for Residential Uses with a CUP.
Investment Highlights:
Long term stable tenancy.
Ideal opportunity to purchase and hold for future redevelopment.
NN owner responsible for roof & landscaping.
All tenants are stable and well established in the community and on MTM leases.
The tenants all reimburse the ownership for their pro-rated share of property taxes, insurance and common area utilities.
Long term stable tenancy.
Ideal opportunity to purchase and hold for future redevelopment.
NN owner responsible for roof & landscaping.
All tenants are stable and well established in the community and on MTM leases.
The tenants all reimburse the ownership for their pro-rated share of property taxes, insurance and common area utilities.
Additional Notes:
**PLEASE DO NOT DISTURB TENANTS**
Allow ample time for showings.
**PLEASE DO NOT DISTURB TENANTS**
Allow ample time for showings.
Property Documentation
|
| ||||
Listing Price: $2,750,000.00 USD
Viewing: By Appointment Only
Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.
Viewing: By Appointment Only
Buyer or Buyer's Real Estate Agent to verify all information and measurements in order to make an informed offer.
For further details contact:
John Zarvos, Broker/Owner
Viking International Investment Real Estate & International
Direct: (949) 252-2120
Viking International Investment Real Estate & International
Direct: (949) 252-2120
Investment Real Estate & Financial Services
Request More Information
No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to error omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.