los angeles retail or warehouse opportunity · 2018-10-19 · 1200 w olympic blvd los angeles, ca...

1200 W Olympic BlvdLos Angeles, CA 90015www.majorproperties.com Commercial • Industrial • Residential

REAL ESTATE

W h i t t i e rBoulevard

Bradley A Luster Mark D Silverman 213.747.4154 [email protected] [email protected] #01913803 BRE #01310992

LOS ANGELES RETAIL OR WAREHOUSE OPPORTUNITYLocated in the Heart of East Los Angeles

4700-4710 WHITTIER BOULEVARD, LOS ANGELES, CA 90022


REAL ESTATE



Table of Contents

Aerial Photo .........................................................................3

Area Map .............................................................................4

Property Overview ...............................................................5

Offering Details ....................................................................6

Offering Highlights ...............................................................7

Subject Photos ....................................................................8

Floor Plans ...........................................................................9

Subject Plat Map ............................................................... 12

Whittier Blvd National Retailers ........................................ 13

Neighborhood Demographics .......................................... 14

History of Whittier Boulevard ............................................ 15


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3Aerial Photo


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4Area Map


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PROPERTY OVERVIEW

The subject property consists of a 14,500 sq.ft. commercial or warehouse building with a bonus

4,300 sq.ft. mezzanine on 14,500 sq.ft. of land. The building may be subdivided into smaller

units. Whittier Blvd is the main east/west corridor through East Los Angeles and runs from the

Los Angeles River to the City of Brea. The subject property offers a prime location as it is located

at the signalized corner of Whittier Blvd and Arizona Avenue.

Additionally, the subject is close to many national, regional and local retailers and restaurants,

including Dollar Tree, Baskin-Robbins, Wing Stop, 99 Cent Bargain, Nike, Subway, AT&T and Jack

in the Box.

The subject also offers easy access to many Los Angeles destinations, as it is just blocks from

three freeways: Pomona (60), Long Beach (710) and Golden State (I-5). Downtown Los Angeles is

less than 4 miles to the west, and the site is adjacent to Montebello and Monterey Park.

Situated on a busy commercial thoroughfare in unincorporated Los Angeles County, 4700-

4710 Whittier Blvd is a highly desirable asset for an owner/user, investor, or retail or warehouse

tenant.

Asking Sale Price: $2,500,000Lease Rental: $13,000 Per Month ($0.90 Per Sq.Ft. NNN)

5LOS ANGELES RETAIL OR WAREHOUSE OPPORTUNITY

Located in the Heart of East Los Angeles4700-4710 WHITTIER BOULEVARD, LOS ANGELES, CA 90022


REAL ESTATE



PROPERTY DETAILS

Heavy Traffic Location With Fantastic Exposure

• Building Area: 14,550± Sq.Ft.

• Mezzanine: 4,300± Sq.Ft. (Not Included in Total Sq.Ft.)

• Stories: One

• Land Area: 14,550± Sq.Ft.

• Zone: LCM1

• Year Built: 1934

• Assessor’s Parcel #: 5246-020-001

• Land Use: Store or Warehouse Building

• Frontage: 95' on Whittier Blvd

• Parking: Street

• Traffic Count: 22,203 Vehicles Per Day (2016)

• Neighborhood: Belvedere Gardens & Eastmont

• County Supervisor: District 1/Hilda L. Solis

4700-4710 WHITTIER BLVD

Located at the Signalized Corner of Arizona Avenue

• Retail Storefront or Warehouse Property

• Southeast Corner of Whittier Blvd & Arizona Avenue

• Divisible

• Abundant Street Parking

• Excellent Exposure, Visibility & Signage

• Heavy Traffic Location

• Close to 3 Freeways

• Easy Access From Downtown Los Angeles

• Ideal For Owner/User, Investor or Retail or Warehouse Tenant

Offering Details

6


REAL ESTATE



• Opportunity to Purchase or Lease a Prime Multi-Use Property

• Highly Desirable East Los Angeles Location

• Heavy Traffic Thoroughfare: 22,203 Vehicles Per Day (2016)

• Easy Access to and From all Parts of Los Angeles

• Numerous Housing, Schools, Businesses & Retailers in Area

• Rapidly Developing Neighborhood

• Tremendous Upside Potential

Offering Highlights

7

Subject Photos 8


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Floor Plans 9


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Floor Plans 10


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Floor Plans 11


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Subject Plat Map 12


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Whittier Blvd National Retailers13


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Neighborhood Demographics 14


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History of Whittier Boulevard 15

Whittier Boulevard is an arterial street that runs from the Los Angeles River (where it continues into Downtown Los Angeles as 6th Street) to Brea, California, mainly through areas with large Latino populations. It is one of the main thoroughfares in both Whittier and East Los Angeles. At various times, portions of Whittier Boulevard have carried the designation of U.S. Route 101 and California State Route 72. Whittier Boulevard also carries a portion of El Camino Real.

Zoot Suit RiotsDuring World War II, Whittier Boulevard and neighboring East LA streets were the location for many Pachucos. A few Zoot Suits fights happened in East Los Angeles' streets like Whittier Blvd. When the Zoot Suit Riots occurred in Los Angeles it was difficult to be a Latino in that area (espe-cially around Whittier Blvd), especially for those who wore a Zoot Suit.

LowridingOne memorable and still alive trend along Whittier Boulevard is the usage and showings of low-riders. It has been said that East Los Angeles, specifically on Whittier Boulevard was one of the few first places that low riders began to appear around World War II and up until now, there are still low-rider showings along Whittier Boulevard. Drivers would compete against each other and hope to win the other driver’s car, known as "hopping for pink slips.” The street itself became very popular because it became a place for low riders to come together and the locals would cruise up and down the streets. To this day lowriders are still being driven and meet ups occur, where those who still have cars and want to showcase them come together at parks, parking lots, etc. any-where they find place and come in groups.

Present DayWhittier Boulevard is the heart of the community in East Los Angeles. There are street vendors selling hot dogs, fruits, garments, and Mexican food, in addition to various food trucks that pop up on the Boulevard. Other establishments include liquor stores, bakeries, clothing and furniture stores, 99 cent stores, as well as markets and regional and national retailers. The area is current-ly undergoing renovation as development and new businesses arrive to serve the growing and vibrant population.

los angeles retail or warehouse opportunity · 2018-10-19 · 1200 w olympic blvd los angeles, ca...

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