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    7028 Greenleaf Avenue

    Whittier, CA 90602
    • $4,650,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: NDP2000790
    UPDATED: 57 min ago
    $4,650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,154
      SQFT
    • $307
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    County:

    School Ratings & Info

    Description

    A true Pride of Ownership property, 7028 Greenleaf Ave. is a unique mixed-use property in the heart of dynamic +G+Uptown+G- 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.+GGs 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+GGs 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T23:26:52.05. 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 deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/110711298
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    7028 Greenleaf Avenue Whittier, CA 90602

    • Price: $4,650,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: NDP2000790
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    15,154
    SQFT
    $307
    $/SQFT
    1989
    Built
    Neighborhood:
    670 - Whittier
    County:
    Los Angeles
    Area:
    670 - Whittier
    Property Description
    A true Pride of Ownership property, 7028 Greenleaf Ave. is a unique mixed-use property in the heart of dynamic +G+Uptown+G- 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.+GGs 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+GGs 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.
    Exterior Features

    Carport Spaces 2.00 Construction Materials Cement SidingConcreteDrywall Walls Entry Level 1 Lot Features Corner LotLevel With StreetLot 10000-19999 SqftNear Public TransitPark NearbyWalkstreetZero Lot Line Lot Size Dimensions 140X75 Lot Size Source Assessor Parking Total 2.00 Roof Common RoofCompositionShingle Topography LevelRetail At Ground LevelOffice & Live/Work On 2nd Floor. Uncovered Spaces 0.00

    Interior Features

    Building Features ElevatorsLiving Quarters Clearance Height Max 20.00 Clearance Height Min 9.00 Condo Area 1977 Cooling Central AirZoned Cooling YN Yes Laundry Features In Garage Office Class A Office Square Footage 5127

    Property Features

    Advertising Expense 0.00 Asset Class Multi-FamilyOfficeRetail Building Area Units Square Feet Building Status Existing Business Type Live/WorkMixedMulti-TenantProfessional/OfficeRentalRetailVarietyWarehouse Cap Rate 4.90 Current Commercial Use Mix Of OfficeRetail & Residential Electric 220 Volts Gross Scheduled Income 24746.00 Industrial Square Footage 2105 Industrial Type Warehouse/Office Insurance Expense 500.00 Investment Property YN Yes Laundry YN Yes Net Operating Income 20778.00 Number Of Units Leased 14 Occupancy Occupied Operating Expense 3968.00 Other Expense 227.00 Park Name Garage Professional Management Expense 0.00 Property Sub Type Mixed Use Real Estate Tax Expense 2411.00 Resident Manager Expense 0.00 Retail Square Footage 5945 Security Features Card/Code AccessGated CommunitySecurity SystemSmoke Detector(S) Special Listing Conditions Standard Tax Annual Amount 28937.00 Total Expenses 1557.00 Total Monthly Rent 22996 Trash Expense 95.00 Utilities See RemarksCable ConnectedElectricity Connected Water Sewer Expense 250.00 Water Source Public Year Built Source Assessor Zoning Whc2ud

    Listing provided courtesy of Jeffrey Pastore of Alta Pacific Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T23:26:52.05. 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 deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    Moreno Valley CA, 92555