825 E Garvey Avenue Monterey Park, CA 91755
First time on Market. Fantastic mixed-use property located at a prime location in Monterey Park, CA. Sale includes 2 parcels, APN: 5258-005-058 & 059 with 3 physical addresses: 825 (Teds Liquor currently vacant with liquor license worth $100k, market rent $7, 000), 835 (9-unit Apartment 100%occupied with below-market rents total rents approximately $11, 000), and 849 (Jims VW Auto will be vacant at close of escrow market rent$7, 000). Tax record shows property building square footage is approximately 9, 351sf. Total lot area for both parcels is 34, 387sf. Property can also be sold separately. You can own an entire block of commercial space in this affluent neighborhood. Ideal for mix-used developmentwith Floor area ratio up to 2.5 percent. Buyer to verify with the city. Daily vehicle traffic around 28, 000 vpd. Gross Market Rent Approximately $300, 000 annually. The City of Monterey Park Voted #3 in the U.S. by Time Incs Money Magazine ";Best Places to Live 2017";!!! A suburb 8 miles east of DowntownLA, Monterey Park is a transportation hub between the 10, 60, and 710 freeways; an educational hub with a great school district andhigher learning institutions like USC, Caltech, and Cal State LA nearby; a cultural hub with a diverse community; and a ";foodie haven";., Directions between Florence and Gladys
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.7900 Acres
Description Lot 20000-39999 Sqft, Yard
Square Feet 0
Other Features Include:
The information being provided by CARETS (CLAW, CRMLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
“Some Information may be provided by CRMLS, all rights reserved. Content is for the user's personal, non-commercial use and may not be used for any other purpose. Content is deemed accurate but not guaranteed.”