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7909 Painter Avenue

Whittier, CA 90602
  • $1,400,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: CV23182375
UPDATED: 42 min ago
$1,400,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Douglas Mccauley of Marcus & Millichap (909-456-3400) and David Covarrubias of Marcus & Millichap(909-456-3400)


Description

We are pleased to exclusively present the opportunity to acquire 7909 Painter Avenue, a freestanding two-story office building located in the city of Whittier, California. This owner-user or investor offer is situated on the west side of Painter Avenue, between Walnut Street and La Cuarta Street. The property is near State Route 72 that runs along Whittier Boulevard, providing commuters easy access to cities in both Los Angeles and Orange County. Constructed in 1961, the office building consists of three office suites: a 1,229 square feet suite and a 200 square feet suite on the ground floor, and a 2,154 square feet suite on the second floor. The subject property sits on a rectangular parcel of approximately 7,858 square feet and has a total of approximately 3,583 square feet of building area. There are seventeen surface parking spaces accessible through the front and the rear of the property. On the first floor, guests are welcomed by an outdoor directory at the front entrance, floor-to-ceiling windows, and an indoor staircase with a serene garden area to the left. The 1,229 square feet office space on the right offers a private lobby/waiting area with two reception windows, an executive office along with multiple office cubes. The 200 square feet suite offers a side entrance and hardwood flooring. On the second floor, the common area offers hardwood flooring and a small kitchenette. There are two individual offices and multiple conference rooms. In addition, the subject property features common area restrooms on both floors, a utility storage room, security cameras and lighting, separate utility meters for each floor, and keypad locks for each suite and the side door. The building is well-maintained and equipped with renovations including new windows with awnings, freshly painted exterior, new roof, new HVAC system, new PEX plumbing, and a recently resealed/restriped parking lot. The office building is zoned C-0 (commercial office) and is ideally situated between the bustling Uptown Whitter to the north and Whittier Boulevard to the south, one of the main thoroughfares in the city with an annual average daily traffic count of over 27,000. Within a mile north on Painter Avenue, Whittier College is a 4-year private liberal art institution that offers over 30 academic departments and unique pre-professional programs.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T20:31:01.103. 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 EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/143935750
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7909 Painter Avenue Whittier, CA 90602

  • Price: $1,400,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 42 min ago
  • ID#: CV23182375
0
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
670 - Whittier
County:
Los Angeles
Area:
670 - Whittier
Property Description
We are pleased to exclusively present the opportunity to acquire 7909 Painter Avenue, a freestanding two-story office building located in the city of Whittier, California. This owner-user or investor offer is situated on the west side of Painter Avenue, between Walnut Street and La Cuarta Street. The property is near State Route 72 that runs along Whittier Boulevard, providing commuters easy access to cities in both Los Angeles and Orange County. Constructed in 1961, the office building consists of three office suites: a 1,229 square feet suite and a 200 square feet suite on the ground floor, and a 2,154 square feet suite on the second floor. The subject property sits on a rectangular parcel of approximately 7,858 square feet and has a total of approximately 3,583 square feet of building area. There are seventeen surface parking spaces accessible through the front and the rear of the property. On the first floor, guests are welcomed by an outdoor directory at the front entrance, floor-to-ceiling windows, and an indoor staircase with a serene garden area to the left. The 1,229 square feet office space on the right offers a private lobby/waiting area with two reception windows, an executive office along with multiple office cubes. The 200 square feet suite offers a side entrance and hardwood flooring. On the second floor, the common area offers hardwood flooring and a small kitchenette. There are two individual offices and multiple conference rooms. In addition, the subject property features common area restrooms on both floors, a utility storage room, security cameras and lighting, separate utility meters for each floor, and keypad locks for each suite and the side door. The building is well-maintained and equipped with renovations including new windows with awnings, freshly painted exterior, new roof, new HVAC system, new PEX plumbing, and a recently resealed/restriped parking lot. The office building is zoned C-0 (commercial office) and is ideally situated between the bustling Uptown Whitter to the north and Whittier Boulevard to the south, one of the main thoroughfares in the city with an annual average daily traffic count of over 27,000. Within a mile north on Painter Avenue, Whittier College is a 4-year private liberal art institution that offers over 30 academic departments and unique pre-professional programs.
Exterior Features

Entry Level 1 Lot Features Rectangular Lot

Property Features

Additional Parcels YN No Cap Rate 5.65 Common Interest None Gross Scheduled Income 101292 Laundry Features None Listing Agreement Exclusive Right To Sell Net Operating Income 79091 Operating Expense 22570 Property Sub Type Office Special Listing Conditions Standard Vacancy Allowance 3039 Vacancy Allowance Rate 3 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T20:31:01.103. 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 EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371984187-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371984187-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371984187-2.jpg
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Douglas Mccauley of Marcus & Millichap (909-456-3400) and David Covarrubias of Marcus & Millichap(909-456-3400)