$1,000,000
$1,275,000
21.6%For more information regarding the value of a property, please contact us for a free consultation.
1050 E Whittier BLVD La Habra, CA 90631
0.31 Acres Lot
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23091292
Sold Date 08/23/23
HOA Y/N No
Year Built 1963
Lot Size 0.310 Acres
Property Description
8 - Unit Commercial Office Building currently 100% Occupied with month-to-month tenant lease agreements in-place. Annual Gross Operating Income: $83,400. All 6 upstairs offices currently leased, 2 downstairs units on lease through 11/30/23. Owner receives residual monthly income from on-site cell tower. Upstairs units consist of approx. (A 550sq.ft.), (B 240sq.ft.), (C 288sq.ft.), (D & E 625sq.ft.), (G 609sq.ft). Upstairs common hallway has 2 restrooms with direct stairway access to back parking lot. Downstairs units consist of approx. (A1 1145sq.ft.) and (B1 1145sq.ft.) Both downstairs offices have 2 restrooms each. Approx. 25 parking spaces available. Current and previous tenants approved per The City of La Habra, operate the following businesses, Auto Wholesale Dealership, Print Shop, Financial and Real Estate Services, On-Line / Internet product sales, Packaging / Distribution, Insurance / Personal Office. 2019 (5 of the 6 ) 3-Ton HVAC 14 Seer 410A units are New on the roof. 2019 All Exterior Lighting replaced with New photocell LED. 2020 New elastomeric roof coating. Building was also tented in 2019 and termite warranty policy was just renewed for 2023. Parking Lot repairs r&r / slurry, re-stripe just completed 2022. Please do not disturb, tenants do not know building is for sale.
Location
State CA
County Orange
Area 87 - La Habra
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 30309108
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Other
Special Listing Condition Standard
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Bought with Gary Tucker • Your Nest Property Management