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710-716 E Garvey Ave

4,369 SF 77% Leased Retail Building Monterey Park, CA 91755 $2,395,524 CAD ($548 CAD/SF)

Retail Space California Monterey Park 710-716 E Garvey Ave, Monterey Park, CA 91755

Investment Highlights

  • Prime corner location in the heart of the City of Monterey Park.
  • Excellent invetment for investor or owner/user.
  • Pro Forma Cap Rate is approximately 5.1%. Below market rents. Great potential for rent increases.
  • Signalized intersection of Garvey Ave and Orange Ave.
  • The property consists of four (4) units. Excellent Price Per Square Foot of $386.
  • Easy access to 10, 60 and 710 Freeways.

Executive Summary

Prime corner location in the heart of the City of Monterey Park. Signalized intersection of Garvey Ave and Orange Ave. Excellent investment for investor or owner/user. The subject property is surrounded by other Commercial/Retail and residential properties.The property consists of four (4) units. Excellent Price Per Square Foot of $386. Pro Forma Cap Rate is approximately 5.1%. Below market rents. Great potential for rent increases. Easy access to 10, 60 and 710 Freeways.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,369 SF
Building Class
C
Year Built
1955
Price
$2,395,524 CAD
Price Per SF
$548 CAD
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.74
Lot Size
0.14 AC
Zoning
MPCM*
Parking
6 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
60 ft on Garvey Ave.

Amenities

  • Signage
1 of 1
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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, Transit Score® & Bike Score?
Walk Score® measures the walkability
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Bank of America
Big Saver Foods
Yoshinoya
East West Bank

PROPERTY TAXES

Parcel Number 5259-016-033 Improvements Assessment $216,308 CAD
Land Assessment $596,499 CAD Total Assessment $812,806 CAD

PROPERTY TAXES

Parcel Number
5259-016-033
Land Assessment
$596,499 CAD
Improvements Assessment
$216,308 CAD
Total Assessment
$812,806 CAD
(626) 252-4248

Contact

  • Listing ID: 29213917

  • Date on Market: 2023-08-08

  • Last Updated:

  • Address: 710-716 E Garvey Ave, Monterey Park, CA 91755

The Retail Property at 710-716 E Garvey Ave, Monterey Park, CA 91755 is currently available for sale. Contact kotai commercial for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 1 of 10
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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 3 of 10
710-716 E Garvey Ave Monterey Park, photo 1
710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 4 of 10
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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 5 of 10
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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 6 of 10
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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 7 of 10
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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 8 of 10
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710-716 E Garvey Ave, Monterey Park, CA for sale Building Photo- Image 9 of 10
710-716 E Garvey Ave Monterey Park, photo 10

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710-716 E Garvey Ave
(626) 252-4248 x

710-716 E Garvey Ave

David Lin

(626) 252-4248

(626) 252-4248

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