199 W Garvey Ave
Monterey Park, CA 91754

$1,980,000

Property Details

Property Type | Stores & Offices

Gross Area | 6,780 Sqft

Lot Sqft | 4,606 Sqft

APN | 5255-007-009

Zoning | MPC3

 

Marketing Package

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., will be delivered vacant at close of escrow.  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.****

Highlights

Parking available on-street & in rear parking lot

Great Corner Location