745 E Garvey Avenue Monterey Park, CA ^$ 5,900,000

745 E Garvey Avenue

^$ 5,900,000

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Recently Listed

745 E Garvey Avenue

Monterey Park, CA, 91755

^$ 5,900,000

Studio Baths0.0 Sq 8,006

Monthly Estimate*

^$ 41,213

Listed by CBD Investment Inc.

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 1

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745 E Garvey Avenue, Monterey Park, CA 91755 - Image 5

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 6

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 7

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 8

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 9

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 10

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 11

745 E Garvey Avenue, Monterey Park, CA 91755 - Image 12

Studio

Commercial Property for sale in Monterey Park, CA

for $5,900,000. This 8,006 square foot building was built in 2008 on a lot size of 0.5487.

Location!! Location!! This property is located on the prestigious Commercial Garvey Ave in Monterey Park, close to downtown Los Angeles, USC Medical School, Pasadena, Cal Tech University, the airport, nearby freeways 10, 60, 710, 5, 101, easy access to any other places, and busy traffic, making it a great location for retail and offices. The property currently has two floors, property size: 8,006 sqft, land size: 23,902 sqft. It is a mix of retail and office uses. Currently, the first floor is a restaurant and the second floor has an accounting office and academic program offices. There is a spacious parking lot in the back for customer parking needs. Whether for your own use or investment, this property will be perfect for you!

Commercial Active

Price

^$ 5,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.5487

Year Built

2008

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

AR24084496

Days on Market

Features

Exterior

Lot Features CornerLot CornersMarked

Water Source Public

Lot Size Area 23902.0

Number of Buildings 1

Spa N

Building Area Total 8006.0

Lot Size Acres 0.5487

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Year Built 2008

Property SubType MixedUse

Additional Parcels Description 5258-004-085 5258-004-079

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions at the corder between Garvey Ave and Gladys Ave

City Monterey Park

View Y/N N

Senior Community Y/N N

MLS Area 641 - Monterey Park

Lot Size Square Feet 23902.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 3

Street Name Garvey

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 11

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional MixedUse

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 745

* Excluded Features

List By

Cbd Investment Inc.

Broker

(626) 566-2221

Phone

Affordability Calculator

$41,213

Per Month

Monthly Principal & Interest: $41,213
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Monterey Park, CA

Average List Price ^$2,729,871

Percent of Sale Price 54%

About Monterey Park, CA

61,934 Population

3% Since 2002

^$56,710 Median Income

43.9 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/28/2024	$5,900,000		Listed Price

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745 E Garvey Avenue, Monterey Park, CA, 91755 is a Commercial Property for sale at $5,900,000 with 8,006 sqft and a lot size of 0.5487. 745 E Garvey Avenue is a studio with 0.0 baths and was built in 2008. The property's zip code is 91755 which is in Monterey Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/12/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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745 E Garvey Avenue

Commercial Property for sale in Monterey Park, CA

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