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    199 W Garvey Avenue

    Monterey Park, CA 91754
    • $1,980,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: AR20135924
    UPDATED: 38 min ago
    $1,980,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,780
      SQFT
    • $292
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Great 5-unit, 2-level corner property in the heart of the Central Business District and highest foot traffic location in Monterey Park. Good potential for income growth with a huge development behind the property coming soon. Location is conveniently located 7 miles from Downtown Los Angeles and near the 10 fwy. The property consists of retail on the first floor with office spaces approximately 3,390 sq.ft., and professional offices on the second floor approximately 3,390 sq.ft., Ideal for SBA buyer or owner-user. New owners can occupy either downstairs or upstairs, or both. Great location and great price per sq.ft. ***The property is located on the corner of a busy intersection adjacent to upcoming development and the city also has plans to build a 5-story public parking lot on the North/East corner of Garfield and Garvey.****

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-25T10:26:30.403. 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 The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

    www.isabelvelez.com/homes/107808300
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    199 W Garvey Avenue Monterey Park, CA 91754

    • Price: $1,980,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: AR20135924
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    6,780
    SQFT
    $292
    $/SQFT
    1924
    Built
    Neighborhood:
    641 - Monterey Park
    County:
    Los Angeles
    Area:
    641 - Monterey Park
    Property Description
    Great 5-unit, 2-level corner property in the heart of the Central Business District and highest foot traffic location in Monterey Park. Good potential for income growth with a huge development behind the property coming soon. Location is conveniently located 7 miles from Downtown Los Angeles and near the 10 fwy. The property consists of retail on the first floor with office spaces approximately 3,390 sq.ft., and professional offices on the second floor approximately 3,390 sq.ft., Ideal for SBA buyer or owner-user. New owners can occupy either downstairs or upstairs, or both. Great location and great price per sq.ft. ***The property is located on the corner of a busy intersection adjacent to upcoming development and the city also has plans to build a 5-story public parking lot on the North/East corner of Garfield and Garvey.****
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class OfficeRetail Building Area Units Square Feet Building Status Existing Business Type Professional/OfficeRetail Country Us Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Available Property Sub Type Office Retail Center Type Community/Specialty Special Listing Conditions Standard Water Source Public Year Built Source Assessor

    Listing provided courtesy of John Man of Man Investment Group and Jonathan Hua of Manrealty.Com


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-25T10:26:30.403. 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 The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

     
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