$1,050,000
For Sale

250 E Garvey Ave

Monterey Park, CA 91755
0.04 acres | #AR25002400
Listing OfficeKW Executive
Browse 23 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Located in the heart of Downtown Monterey Park along a high-traffic pedestrian shopping street, this property is conveniently situated near the Lincoln Hotel. The two-story building comprises two distinct units. The downstair unit was leased to a gold jewelry store generating $3,200 per month in rental income. The upstairs unit features its own private bathroom and direct gated access to Garvey Avenue. This upper unit is currently vacant, offering potential rental income of $1,000 to $1,500 per month and is ideal for office use. The property is surrounded by a variety of restaurants, banks, retail stores, and bus stops, making it a prime location for both business and convenience.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, NearPublicTransit, RectangularLot
      • CountyLos Angeles
      • Original List Price$1,050,000
      • MLS #AR25002400
      • MLS #AR25002400
      • Property TypePurchase
      • Cost1050000
      • Acres0.0418
      • Utility SourcePublic
      • Property SubtypeRetail
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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