Historic Painter Development Opportunity | 6354 Painter Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Historic Painter Development Opportunity 6354 Painter Ave
4,518 SF 100% Leased Office Building Whittier, CA 90601 £1,185,015 (£262/SF)
Investment Highlights
- Potential For Mills Act (roughly 50% reduction in property taxes)
- Ability to convert into residential or keep as commercial
- Prime Location on Major Intersection in North Whittier (Painter and Hadley)
- Huge Corner Lot - 19,517 sq.ft. lot with plenty of parking
- Owner User or Investment Opportunity
- Historical Trophy Asset
Executive Summary
Attractive development potential with 19,602 square foot lot and the ability to convert into 8 multifamily residential units. Vacant commercial building that can be used as owner-user or investment. Historical aspect allows for potential to utilize Mills Act and significantly reduce property taxes by +/-50%
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Building Size
4,518 SF
Building Class
C
Year Built
1916
Price
£1,185,015
Price Per SF
£262
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,259 SF
Building FAR
0.23
Land Acres
0.45 AC
Zoning
WHCO
Parking
22 Spaces (4.87 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 8137-012-025 | Improvements Assessment | £128,774 (2024) |
| Land Assessment | £558,025 (2024) | Total Assessment | £686,799 (2024) |
PROPERTY TAXES
Parcel Number
8137-012-025
Land Assessment
£558,025 (2024)
Improvements Assessment
£128,774 (2024)
Total Assessment
£686,799 (2024)
-
Matthew Guerra -
Donald La -
KW Commercial
1 of 22
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Historic Painter Development Opportunity | 6354 Painter Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.