7028 Greenleaf Avenue, Whittier, CA 90602

$4,650,000
15,154
SqFt
List Price
$4,650,000
Status
ACTIVE
MLS#
NDP2000790
Year Built
1989
Living Sq. Ft
15,154
Days on Market
16
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

A true Pride of Ownership property, 7028 Greenleaf Ave. is a unique mixed-use property in the heart of dynamic “Uptown” Whittier. This diverse investment offers the rare combination of street-front retail, second floor offices, a large live/work loft and an underground garage/storage space; providing tremendous flexibility for both owner and tenants not found in many other properties. Located next to the Starlight Whittier Cinema, the building is ideally situated to take advantage of the heavy pedestrian traffic, abundant parking and the dynamic energy of Uptown Whittier. The building is within walking distance to Whittier College, Civic Center, Courthouse, Library and the popular farmers market. Various antique and vintage Car Shows are held on Greenleaf Ave.’s tree lined, pedestrian friendly street, for heightened retail traffic. Built in 1989 with a unique open beam design in the Live/Work spaces, the building has been impeccably maintained. With roof replacement in 2019, fresh exterior paint, resurfaced decking and some a/c units replaced within the last couple years, this property to poised to perform at the highest levels possible. Owner/management’s focus on tenant chemistry in the live work environment, leaves substantial upside in revenue. However, the historically 100% leased building continues to flourish, benefitting from the current, Pedestrian only access and outdoor dining on the tree lined Avenue. Furthermore, this asset is sure to benefit from the addition of 561 households, a mile away at The Groves of Whittier.

Additional Information

Taxes
$2,411
Lot Description
Card/Code Access, Gated Community, Security System, Smoke Detector(s)
Cooling
Yes
Cooling Description
Central Air, Zoned
Exterior Construction
Cement Siding, Concrete, Drywall Walls
Roof
Common Roof, Composition, Shingle
Water
Public
Number Of Units Total
15
Gross Scheduled Income
$24,746
Operating Expense
3968

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Jeffrey Pastore from Alta Pacific Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.