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13001 LAMBERT ROAD, WHITTIER, CA 90602

(Sold On 08/07/2017)
  • $1,575,000 
  • 0Beds
  • 0Baths
  • Sqft
  • Style
  • Commercial
  • Listed Date 03/01/2017
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  • Open House
  • NEWLY PRICED
  • Luxury
  • Pending
  • New Listing 03/01/2017
  • Coming Soon
  • Sold
  • Rental
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Interested in this property

The subject property is an approximately 5,250± square feet 6-unit strip center on the signalized north east corner of Lambert Road and Greenleaf Avenue in the City of Whittier. The property is situated on nearly 27,000 square feet of land and boasts a rare 10-to-1 parking ratio. The parcel is zoned C2 (general commercial) and nearly all tenants are on month to month lease or have short term expiration dates. The property currently hosts a variety of tenants including an upholstery shop, an automotive repair facility, a beauty salon, a print shop and a large flower store. The flower shop can be vacated upon the close of escrow. On average, the tenants pay $2.00/SF on a gross lease basis plus the Landlord pays utilities for the tenants. Considering the large parking lot, our opinion is that the asset should be able to support rents at about $2.50 / SF with the tenants paying for their own utilities. That adjustment alone has the potential of improving the property cap rate to 6.4% based on conservative proforma estimates. **Square Footage as reported on CoStar & Loopnet is 5,548 SF, which may be inaccurate. Property profile is also inaccurate. Per broker's measurements, building is approximately 5,250 square feet; Buyer to verify as neither Agent nor Seller can guarantee accuracy in square footage.

Listing courtesy of: Krikor Garabedian, Keller Williams R. E. Services
  • Property type: Commercial
  • Status: Closed
  • List Price: $1,575,000
  • MLS# GD17043245
  • Beds: 0
  • Baths: 0
  • Listed: 03/01/2017
  • Sqft:
  • Accounting Type: Actual
  • Lot Size: 0.61
  • Age: 62
  • Attached Garage YN: No
  • Auto Sold YN: No
  • Building Area Total: 5548
  • Building Area Units: Square Feet
  • Building Status: Existing
  • List Price Per Sqft: 284
  • Marketing Center Date: 2017-05-27T11:31:01.957
  • Contingency: No
  • Cooling YN: No
  • County Or Parish: Los Angeles
  • Electric Expense: 13500
  • Heating YN: No
  • Fireplace YN: No
  • Foreclosure YN: No
  • New Construction YN: No
  • Pool YN: No
  • REO or Bank Owned YN: No
  • WaterWellYN: No
  • Year Built: 1955
  • Zoning: C2

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Nearby Schools

lydia jackson elementary school ()
8015 painter ave
whittier, CA 90602
place0.67 miles from listing, web Website Not Reported students per teacher Educational climate index: below average
12 staff members 450 total students Poverty level:16 - 29.9 percent percent Enrollment change: -10% to -15%
evergreen elementary school ()
12915 helmer dr
whittier, CA 90602
place0.17 miles from listing, web Website 18 students per teacher Educational climate index: below average
27 staff members 499 total students Poverty level:16 - 29.9 percent percent Enrollment change: -1% to -5%
laurel elementary school ()
13550 lambert rd
whittier, CA 90605
place0.56 miles from listing, web Website 23 students per teacher Educational climate index: below average
32 staff members 750 total students Poverty level:16 - 29.9 percent percent Enrollment change: -5% to -10%
frontier high (continuation) school ()
9401 painter ave
whittier, CA 90605
place0.57 miles from listing, web Website 23 students per teacher Educational climate index: below average
28 staff members 650 total students Poverty level:16 - 29.9 percent percent Enrollment change: -15% to -20%
sierra vista high (alternative) school ()
9401 painter ave
whittier, CA 90605
place0.57 miles from listing, web Website 28 students per teacher Educational climate index: below average
14 staff members 400 total students Poverty level:16 - 29.9 percent percent Enrollment change: -10% to -15%
richard l. graves middle school ()
13243 los nietos rd
whittier, CA 90605
place1.33 miles from listing, web Website 24 students per teacher Educational climate index: below average
30 staff members 740 total students Poverty level:16 - 29.9 percent percent Enrollment change: -15% to -20%
whittier adventist elementary school ()
8841 calmada ave
whittier, CA 90605
place1.14 miles from listing, web Website 6 students per teacher Educational climate index: below average
2 staff members 12 total students Poverty level:16 - 29.9 percent percent Enrollment change:
palm view christian school ()
7106 sorensen ave
whittier, CA 90606
place1.32 miles from listing, web Website 10 students per teacher Educational climate index: below average
9 staff members 94 total students Poverty level:16 - 29.9 percent percent Enrollment change:
st. mary of the assumption elementary school ()
7218 pickering ave
whittier, CA 90602
place1.05 miles from listing, web Website 18 students per teacher Educational climate index: below average
10 staff members 240 total students Poverty level:16 - 29.9 percent percent Enrollment change:
oralingua school for the hearing impaired ()
7056 washington ave
whittier, CA 90602
place1.20 miles from listing, web Website 6 students per teacher Educational climate index: below average
8 staff members 65 total students Poverty level:16 - 29.9 percent percent Enrollment change:
mulberry tree preschool ()
13841 christine dr
whittier, CA 90605
place0.86 miles from listing, web Website 10 students per teacher Educational climate index: below average
2 staff members 20 total students Poverty level:16 - 29.9 percent percent Enrollment change:
tri-cities rop school ()
12519 washington blvd
whittier, CA 90602
place0.53 miles from listing, web Website Not Reported students per teacher Educational climate index: below average
0 staff members total students Poverty level:16 - 29.9 percent percent Enrollment change: No Change
victory outreach children's ()
6726 milton ave
whittier, CA 90601
place1.35 miles from listing, web Website 6 students per teacher Educational climate index: average
4 staff members 31 total students Poverty level:16 - 29.9 percent percent Enrollment change:
remnant christian school ()
7346 painter ave
whittier, CA 90602
place1.05 miles from listing, web Website Not Reported students per teacher Educational climate index: below average
3 staff members 14 total students Poverty level:16 - 29.9 percent percent Enrollment change:
joyland nursery school and kindergarten ()
9122 painter ave
whittier, CA 90602
place0.47 miles from listing, web Website 9 students per teacher Educational climate index: below average
4 staff members 38 total students Poverty level:not reported percent Enrollment change:
st. paul high school ()
9635 greenleaf ave
santa fe springs, CA 90670
place0.92 miles from listing, web Website 13 students per teacher Educational climate index: below average
37 staff members 525 total students Poverty level:16 - 29.9 percent percent Enrollment change: No Change

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The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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