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1200-1228 S Greenwood Ave
Montebello, CA 90640

$7,720,000 USD

General Retail For Sale  •  26,303 SF

Property Details

  • Property Type General Retail
  • Total Building Size 26,303 SF
  • Lot Size 2.03 AC
  • Building Class B
  • Year Built 1984
  • Cap Rate 3.69 %
  • Tenancy Multiple
  • Zoning MNC2
30 Transit Score
50 Walk Score

Highlights

Strong daily-needs tenant mix provides stable income, diversified cash flow, and consistent customer traffic.
Value-add opportunity through lease-up and improvements offers a path to a 6.75% pro forma cap rate.
Prime Montebello location near Commerce serves a dense population base and substantial daytime workforce.
Signalized corner site with 362' of frontage, excellent visibility, multiple signage points, and easy access.
Positioned on a major corridor with 22,000+ CPD, immediate I-5 access, and strong regional connectivity.
Recent upgrades, ample parking, and 612,000+ residents within 5 miles support long-term tenant demand.

Property Flyers

Cap Rate: 3.69 %

Amenities

  • Controlled Access
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.1 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.2 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 26 min - 17.3 mi
Los Angeles International 34 min - 23.1 mi
Bob Hope 34 min - 25.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 81
Type: Surface
Included in Rent: Yes
Ara Rostamian 818-823-0832 Marcus & Millichap
Ara Rostamian 818-823-0832 Marcus & Millichap