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$ 998,000
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Active
260 E Garvey Avenue Monterey Park, CA 91755
2,151 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,151 sqft
Price per Sqft $463
MLS Listing ID CRWS25106914
HOA Y/N No
Year Built 1941
Lot Size 1,859 Sqft
Acres 0.04
Property Sub-Type Mixed Use
Property Description
Welcome to 260 E. Garvey Ave. Exceptional 3-Unit Mixed-Use Opportunity in Monterey Park! Located in the heart of Monterey Park, this rare commercial and residential building offers a great investment opportunity. ***The property features: - A front store (commercial unit) with potential for retail, office, learning center use, live and work etc. - 2 residential apartments at the back and on the 2nd level, each with 2 bedrooms and 1 bathroom - Total of 4 bedrooms, 3 bathrooms and an extra separate shower stall - Each unit has its own separate entrance - Total area: 2150 sqft - Potential rental income: Approx. $6,000 per month. ***Key Highlights: - Recently renovated units in good condition - Prime location, just 3 blocks from Garfield Ave and minutes drive to DTLA - Easy access to major freeways - Long-term growth potential in one of LA County's most desirable cities ***Current Status: - Commercial unit leased until end of 2025 - Residential apartments currently vacant after recent renovations Don't miss this exceptional opportunity to own a multi-unit property with great rental income and long-term growth potential.
Location
State CA
County Los Angeles
Interior
Heating See Remarks
Cooling Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Building
New Construction No
Others
Tax ID 5257022007
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Listed by MAY LAU • Pinnacle Real Estate Group