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31466964
31466963

11713-11715 Washington Blvd, Whittier, CA 90606

TP
CA CA 01919110
GM Properties, Inc
BG
CA 01881203
GM Properties, Inc
Listed by GM Properties, Inc
$2,300,000
63 days on market
Updated 63 days ago

11713-11715 Washington Blvd

Details
APN 8173-038-008; 8173-038-008009
Property Type Industrial
Sub Type Warehouse
Square Footage 8,666
Units 7
Cap Rate 2.14%
NOI $49,175
Occupancy 63%
Tenancy Multi
Lease Type Gross
Price per SqFt $265
Class C
Year Built 1963
Acreage 0.420
Zoning M-1 (Light Industrial)
Investment Type Owner/User
Ground Lease No
Ownership Private

11713-11715 Washington Blvd, Whittier, CA 90606

Marketing description

GM Properties, Inc. proudly presents a rare owner/user opportunity at 11713-11715 Washington Boulevard in Whittier, CA. This 8,666 SF multi-tenant industrial building offers an incoming buyer the chance to occupy up to 63% of the property while collecting rental income from the remaining tenants -- dramatically reducing the effective cost of ownership.

With upcoming vacancies and SBA 504 financing, a qualified buyer can acquire this property with as little as 10-15% down and enjoy a below-market effective occupancy cost while building long-term equity in a prime Los Angeles County industrial asset.

Situated on a major thoroughfare bisecting Whittier and Santa Fe Springs

Convenient access to I- 605 and I- 5 freeways

15 miles southeast of Downtown Los Angeles

Monument signage with high visibility on Washington Blvd

Access to 4.4 million people within a 30-minute drive

Favored b y service companies for centra l LA Basin lo cation

Investment highlights

  • Occupy up to 5,481 SF (63%)
  • Collect rent on remaining units
  • SBA 504 -- only 10-15% down
  • Below-market effective occ. cost
  • Prime Whittier / Midcounties location
  • Near I-605 & I-5 freeways
  • Shared yard & monument signage

Listing Contacts

TP
CA CA 01919110
GM Properties, Inc
BG
CA 01881203
GM Properties, Inc
Listed by GM Properties, Inc

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,175.00
$4,097.92/mo

Valuation Metrics

0
DSCR
2.14%
Cap Rate
2.14%
ROI

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Additional Information

Name
Tyler Portman
License
CA 01919110
Brokerage Phone
5626975000
Brokerage Address
13305 Penn Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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