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2516-2524 W Beverly Blvd

2 Properties Offered at £2,855,943 in Montebello, CA

Investment Highlights

  • Corner frontage of Beverly Blvd and Hay St allows for high visibility and accessibility
  • Proximity to Major Freeways (5, 10, 110) and public transportation options
  • Just a 5 minute drive to the Metro Line, providing excellent connectivity

Executive Summary

Located at the corner of W. Beverly Blvd and Hay Street, this prime commercial property is ideal for development and presents a significant investment opportunity. The site encompasses 22,500 SF and is currently zoned for general commercial use. While there are no existing plans or permits in place, we have been informed that there is a possibility to develop up to 81 residential units, subject to the city's entitlement process.

Property Facts

Price £2,855,943
Price / SF £286.31 / SF
Sale Conditions Development Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 9,975 SF
Total Land Area 0.53 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2524 W Beverly Blvd, Montebello, CA 90640 Retail 6,750 SF 1949 -
2516 W Beverly Blvd, Montebello, CA 90640 Office 3,225 SF 1981 -
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  • Listing ID: 32465120

  • Date on Market: 15/07/2024

  • Last Updated:

  • Address: 2516-2524 W Beverly Blvd, Montebello, CA

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