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4126 Whittier Blvd, Los Angeles, CA 90023
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4126 Whittier Blvd Los Angeles, CA 90023

$1,300,000
  • -- Beds
  • -- Baths
  • 4,207 Sq.Ft.
For Sale
$1,300,000 Get Pre-Qualified
Map preview of 4126 Whittier Blvd, Los Angeles, CA 90023

Property Overview: 4126 Whittier Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 4,207 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present the opportunity to acquire 4126 Whittier Blvd, a mixed-use retail & residential property located in East Los Angeles. Built in 1957, the property is comprised of 4 separate structures, totaling 4,207 square feet, that sit on a 7,500 square foot lot zoned LCC3. The four structures include the following: a 1,100 square foot retail space, a 962 square foot retail space, a 3bed/1bath house, and a detached garage. The residential unit is currently owner-occupied, however the entire property will be delivered vacant at the close of escrow. 4126 Whittier Blvd provides a rare opportunity for many different owner-user investors that might consider occupying one or both retail spaces, the residential unit, or a combination of both. The significant rental demand in the area will also be attractive to investors who do not wish to occupy the area and instead will consider adding value through interior and exterior upgrades to the property. The garage in the rear contains a non-conforming studio and 1bed/1bath unit that could possibly be converted to one legal ADU (Buyer to investigate). The conversion of the garage to an ADU will significantly boost income for the property. Additionally, the property is in a Historically Underutilized Business Zone (HUBZone) and a State Enterprise Zone, which can be very important and helpful to future tenants of the retail spaces. Another advantage for potential developers is that the property is located within an Opportunity Zone and could provide the opportunity to offset significant capital gains taxes. Located west of Downey Rd, this opportunity sits between Whitter Blvd and the 5 Freeway. Tenants benefit from multiple bus transit spots that are all within a couple blocks. Whittier Blvd is a major artery that runs through all East Los Angeles and into Montebello and the city of Whittier. Its streets are lined with local businesses, restaurants, new multifamily developments, and much more. For commuters, this parcel sits inside the 5, 60, and 710 Freeway Triangle and allows ease of access to all neighboring cities

Listed by Sevak Keshishian | BRE #01887505 | Marcus & Millichap
Last checked: 3 minutes ago | Last updated: February 2nd, 2024 | Source CRMLS | DOM: 66
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Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
24354149
City
Los Angeles
County
Los Angeles
Time on Site
84 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 4
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4126 Whittier Blvd

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Property Details for 4126 Whittier Blvd

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5239020003
Location / Neighborhood
Location Information
  • Directions: Head north on S Downey Rd and turn left onto Whittier Blvd. The subject property is located on Whittier Blvd, in between S Bonnie Beach Place and S Record Ave.
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Local Los Angeles Agent

Sale History for 4126 Whittier Blvd

View property's historical transactions

  • February, 2024

  • Feb 2, 2024

    Date

    Active

    CRMLS: 24354149

    $1,300,000

    Price

  • September, 2023

  • Sep 12, 2023

    Date

    Expired

    CRMLS: 23249992

    $1,600,000

    Price

  • Mar 10, 2023

    Date

    Active

    CRMLS: 23249992

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Marcus & Millichap has been selected to exclusively represent for sale the property at 4126 Whittier Boulevard, a 4,210 square foot of mixed- use Storefront Retail / Residential property. Situated on 7,500 square feet (0.17 acre) of land zoned C3 (general commercial) in East Los Angeles California. This property has four buildings: 2 retail store fronts, a residential house, and a large garage. 1. One of Los Angeles' Densest Rental Markets. 2. Situated on the main street in East Los Angeles with an average daily traffic count of over 23,070 vehicles per day and with a walking score of 80. 3. Located close to central Los Angeles employment, business, sports, cultural, and medical sites. 4. Retail storefront businesses can easily access potential customers from surrounding neighborhoods via the nearby Interstate 710, 5, 10 and 60 freeways. 5. The house and retail storefronts have separate entrances. The garage and covered parking in the back have street access from the alley. 6. Current annual market rental rates for retail tenants are between $24 to $28 NNN . 7. Approximately 4,210 Gross Square Foot building located on Approximately 7,500 Square Foot Lot zoned LCL3. 8. The potential for both commercial, residential tenants can lessen the overall risk for real estate investors. 9. Federal Opportunity Zone, California State Enterprise Zone program, and federal SBA HUBZone. **This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

  • January, 2022

  • Jan 20, 2022

    Date

    Active

    CRMLS: DW22011634

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    THIS PROPERTY IS LOCATED AND CENTRAL TO 3 ACCESS FREEWAYS 5, 710 AND 60 AS WELL ON A BUSY STREET FOR THE STORE FRONTS businesses. Great mix-use opportunity sale! This property has 2 store fronts. The back house has a private entrance and secure with 3 bedroom and 1 bath, kitchen and living. This property as well has an unpermitted professionally done 2 ADU units additional to this property with back access entrance. Both store fronts have been remodeled. Property is tenant occupied with good income!!! This is a trust SALE!!!!

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Tax History for 4126 Whittier Blvd

Assessed Value (2020): $434,332
Year Land Value Improved Value Assessed Value
2020 $259,969 $174,363 $434,332

Home Value Compared to the Market

This property vs the competition

4126 Whittier Blvd is listed 4.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $309.01 per/sqft which puts the price per square foot 59.97% lower than the median price per square foot for the city of Los Angeles.

About 4126 Whittier Blvd

Detailed summary of property

4126 Whittier Blvd is a mixed use located in Los Angeles, CA 90023 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 4,207 living square feet, and sits on an approximately 7,500 square foot lot. 4126 Whittier Blvd was first listed on ArdentRealEstateGroup.com on February 2, 2024. The homeowner is currently asking $1,300,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.08% higher than the median priced home. Local competing homes currently for sale include 10404 Sherry Ave, 1749 E 69th St and 4600 S Central Ave. While the average home in Los Angeles, CA is selling in 97 days, 4126 Whittier Blvd has a days on market of 66 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 4126 Whittier Blvd Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4126 Whittier Blvd

Public county record property details
Beds
3
Baths
3
Year built
1957
Sq. Ft.
4,207
Lot Size
7,499
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
147
APN
5239-020-003

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$610,000
Median List Price/Sq.Ft.
$679
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$537
Total Inventory
17
Median Sale to List Price %
102.86%
Avg Days on Market
24
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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