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8323
Whittier Blvd
Pico Rivera, CA
90660
$550,000
4 Bed
2.0 Bath
1583 ft2
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Here's a great investment opportunity: this space can be converted into a multi-family dwelling according to the City of Pico Rivera. The requirements for doing so include a minimum of 3 residential units, each with 2 parking spots. This property features a prominently placed retail suite on a high-visibility corner lot with gated off-street parking. It is centrally located near several freeways, the shops, and restaurants of Pico Rivera, and numerous developments. Notably, the neighboring property at 8317 Whittier Blvd has been redeveloped into a 4-unit mixed-use property with ground-level retail and is currently under contract. The property in question has a wall down the middle, separating the expansive retail floor from what is now functioning as an office and inventory storage area. Additionally, there is a rear office and a full bathroom with a shower. The owner-user and redevelopment opportunities are virtually limitless. If the middle section were filled, it could possibly function as 2 units. The current occupant has been a successful owner-user at this location since 2005. Furthermore, there are 5 off-street parking spots that could potentially be reconfigured to accommodate more, in addition to available street parking.
Here's a great investment opportunity: this space can be converted into a multi-family dwelling according to the City of Pico Rivera. The requirements for doing so include a minimum of 3 residential units, each with 2 parking spots. This property features a prominently placed retail suite on a high-visibility corner lot with gated off-street parking. It is centrally located near several freeways, the shops, and restaurants of Pico Rivera, and numerous developments. Notably, the neighboring property at 8317 Whittier Blvd has been redeveloped into a 4-unit mixed-use property with ground-level retail and is currently under contract. The property in question has a wall down the middle, separating the expansive retail floor from what is now functioning as an office and inventory storage area. Additionally, there is a rear office and a full bathroom with a shower. The owner-user and redevelopment opportunities are virtually limitless. If the middle section were filled, it could possibly function as 2 units. The current occupant has been a successful owner-user at this location since 2005. Furthermore, there are 5 off-street parking spots that could potentially be reconfigured to accommodate more, in addition to available street parking.
Basic Details
Bedrooms
4
Bathrooms
2.0
Square Feet
1,583 ft2
Year Built
1933
Has HOA
No
Interior Details
Exterior Details
below 
in the upper right
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