***First time on the market for sale in 34 years. Property is situated in the Historic Uptown Whittier redevelopment Zone, across from the newly constructed multi level parking structure. *Interior/exterior upgrade/refurbish/remodel in 2011 and 2018. *New cooling/heating systems installed in 2018 for each unit. *Poly-Form roof installed in 2011. *Full/modern equipped restaurant with walk-in cooler. *12 parking spaces at the back side of the building. *Water, trash, Electricity, gas, cleaning maintenance paid by Tenants. Landlord pays property tax, insurance, main utility line, roof maintenance. 6713 Tenant Rise Athletics So Cal Fitness will pay $1350 starting March 1, 2022, and the Lease expires on Feb. 28, 2023. 6717, 19 Tenant BellyBombz Restaurant- Lease expires March 31, 2025 with annual rent increase appx. 7.2%. ***Effective April 1, 2022, Gross income will be $60,072. NOI $45,515 CAP rate 4.38%. *Seller is a California licensed Real Estate Broker. Buyer to cooperate with Seller's 1031 exchange at no extra cost and/or liability to Buyer. Broker/Agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, use codes, schools and/or other information concerning the conditions or features of the property obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Property is sold in present condition.***PLEASE DO NOT DISTURB TENANTS AT ALL TIMES.
SB22006893
Commercial - Retail, 1 Story
1949
Los Angeles
0.1392
Acres
Public
1
Other
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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