501-515 W Garvey Avenue

    Monterey Park, CA 91754
    • $9,800,000
    • STATUS: Active
    • ON SITE: 105 days
    • ID#: WS18210193
    UPDATED: 9 min ago
    $9,800,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 30,366
      SQFT
    • $323
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Description

    This plaza is located in a central business district, busy intersection in the heart of downtown Monterey Park, Quality 2005 construction with an excellent tenant mix. The asset provides plenty of parking in their multilevel parking structure and has terrific visibility in a major corridor of Monterey Park; highest foot traffic, convenience location, near 10 FWY, just 20 minutes from Los Angeles. This property has excellent income opportunity; low maintenance, impressive finishes, and is professionally managed.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T11:27:24.737. 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. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/86966589

    501-515 W Garvey Avenue Monterey Park, CA 91754

    • Price: $9,800,000
    • Status: Active
    • Updated: 9 min ago
    • ID#: WS18210193
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    30,366
    SQFT
    $323
    $/SQFT
    2005
    Built
    Neighborhood:
    641 - Monterey Park
    County:
    Los Angeles
    Area:
    641 - Monterey Park
    Property Description
    This plaza is located in a central business district, busy intersection in the heart of downtown Monterey Park, Quality 2005 construction with an excellent tenant mix. The asset provides plenty of parking in their multilevel parking structure and has terrific visibility in a major corridor of Monterey Park; highest foot traffic, convenience location, near 10 FWY, just 20 minutes from Los Angeles. This property has excellent income opportunity; low maintenance, impressive finishes, and is professionally managed.
    Exterior Features

    Lot Features Lot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Building Features Elevators Condo Area Units Square Feet Laundry Features None Office Square Footage 10800

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Business Type Food & BeverageMixedOffice SupplyProfessional/OfficeRestaurantRetail Cap Rate 5.10 Country Us Investment Property YN Yes Land Lease YN No Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Mixed Use Retail Center Type Mixed Use Retail Square Footage 19566 Special Listing Conditions Standard Water Source Public Year Built Source Assessor Zoning Mpc2

    Listing provided courtesy of Amy Lei of Kw Executive.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T11:27:24.737. 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. Licensed in the State of California, USA.
     
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