5143 Whittier Blvd
Retail | 4,320 SF
Marketing description
The subject property is a freestanding, single-tenant retail building situated on Whittier Boulevard in the heart of iconic East Los Angeles. Originally built in 1939 and renovated in 2023, the building features a new mini-split AC system and a new roof. The property features on-site parking at the rear, accommodating 2-3 vehicles. Current tenant occupies only 50%+/- of the building and is month-to-month paying below market rents (interested in renewing).
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This offering presents an excellent opportunity for an investor looking to reposition the asset or an owner-user seeking a prime retail location. Whittier Blvd may also soon be rezoned to allow for residential developments along this main thoroughfare (Buyer to verify accuracy of this statement). Situated in unincorporated L.A. County, the property benefits from its strategic position just east of the 710 Freeway, with convenient access to Downtown Los Angeles (6 miles), the 5 Freeway (1.9 miles), and the 10 Freeway (2.8 miles). Additionally, it is within walking distance of the Gold Line’s Maravilla Station, enhancing its accessibility.
Its central location provides proximity to Boyle Heights, Commerce, the Arts District/Downtown LA, and Monterey Park, making it an ideal spot to serve the area's diverse and dynamic communities. Nearby educational institutions, including East Los Angeles College and California State University, Los Angeles, further enhance the property's appeal as an investment in a high-growth area.
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Investment highlights
Key Highlights:
Prime Commercial Frontage: Located on a major retail corridor with strong foot traffic and vehicle counts of approximately 26,000 cars per day.
Convenient Parking
Robust Demographics: Over 45,000 residents within a 1-mile radius and more than 280,000 residents within a 3-mile radius.
This is a rare opportunity to secure a well-positioned asset in one of Los Angeles’ most vibrant and evolving neighborhoods.
**Additionally, residential uses permitted in the R3 Multiple Residential Zone are allowed at this property, provided all R3 regulations are met. Specific yard requirements include a front yard of at least 10 feet and side yards under certain conditions. For detailed information, refer to Section 12.13 of the Los Angeles Municipal Code.
CODE LIBRARY** (Buyer to verify all information provided herein)
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