22
See all 22 photos
$3,350,000
Est. payment /mo
9,975 SqFt
New
2516 W Beverly Boulevard Montebello, CA 90640
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Mike & Jules Guzzardo Team With Jenny Biczkow
Corcoran Icon Properties
mike@guzzardoteam.com +1(925) 864-5757UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,975 sqft
Price per Sqft $335
MLS Listing ID CL25594703
HOA Y/N No
Year Built 1981
Lot Size 0.515 Acres
Acres 0.51
Property Sub-Type Comm Ind For Sale
Property Description
We are proud to present a unique, versatile investment at 2516-2524 W Beverly Blvd, Montebello, CA. Spanning an impressive +/-22,420 SF lot, this prime commercial property sits at the signalized intersection of W Beverly Blvd and N Hay Street, offering three-way access, high visibility, over 250 feet of frontage, high visibility, and 24 striped parking spaces. The site includes two structures: a +/-3,225 SF multi-tenant retail building (fully leased month-to-month) and a second +/-6,750 SF building with warehouse, office, and retail components, including a loading dock and mezzanine. The property can be delivered fully vacant, making it ideal for an owner-user or developer. With its flexible C2 zoning, subject property has potential for a variety of uses, including medical office, retail, mixed-use, office, and multifamily. Build up to 128 units as an 100% affordable housing project, or potentially more by applying the Density Bonus Law, using the site's Corridor designation. Once implemented, the Montebello 2040 General Plan will allow 1-4-story buildings, 40-60 units per acre, and FARs of up to 2.0 (buyer to verify). Permitted uses in C2 zoning include medical office, professional and general office, and retail, as well as service stations and automobile sales yards subject to
Location
State CA
County Los Angeles
Zoning C-2
Interior
Fireplace No
Exterior
Total Parking Spaces 24
Building
New Construction No
Others
Tax ID 5268024015
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Listed by Oron Maher • Maher Commercial Realty
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289