La Habra, CA 90631,1050 E Whittier BLVD

$1,000,000

Est. payment /mo

$1,275,000

21.6%
Est.Price: ?

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1050 E Whittier BLVD La Habra, CA 90631

0.31 Acres Lot

SOLD DATE : 08/23/2023

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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California Regional MLS (CRMLS)
Listed by Gary Tucker • Your Nest Property Management
Bought with Gary Tucker • Your Nest Property Management

Alex Duarte

CEO | i01970077

+1(714) 373-6828

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