Los Angeles, Commercial for Sale – 740 W Garvey Ave, Monterey Park, CA 91754, USA -001-11-30T00:00:00-08:00
One of the most most desirable and potential retail shopping center in the heart of City of Monterey Park. Huge lot size good for future mix-use development. High traffic intersection Atlantic Blvd and Garvey Avenue. 95% Lease expires on January, 2019. Direc
740 W Garvey Ave, Monterey Park, CA 91754, USA
$29,600,000 USD
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Address740 West Garvey Avenue, Monterey Park
Property SubtypeRetail
Price$29,600,000
Property TypeCommercial Sale
Year Built1978
Bedrooms Total0
Living Area28,159 ft2
Listing IDWS16750449
StatusActive
Parcel Number5257001042
ZoningMPSP
Special ConditionsStandard
Days on Market162

Detailed Description: One of the most most desirable and potential retail shopping center in the heart of City of Monterey Park. Huge lot size good for future mix-use development. High traffic intersection Atlantic Blvd and Garvey Avenue. 95% Lease expires on January, 2019. Direct freeway access to 10 and 60 freeways close proximity. Property including corner vacant land with building plan approximately 6500 for retail.

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Address Information
Address740 West Garvey Avenue, Monterey Park
Street PrefixWest
Street SuffixAvenue
CityMonterey Park
Location (MLS Area)641 – Monterey Park
County Or ParishLos Angeles
State or ProvinceCalifornia
Postal Code91754
CountryUnited States
Financial Information
Price per Square Foot$1,051.17
Special ConditionsStandard
Operating Expense$240,996
Gross Scheduled Income$885,204
Net Operating Income$644,208
Tax Year2000
Full Descriptions
Parcel Number5257001042
Detailed DescriptionOne of the most most desirable and potential retail shopping center in the heart of City of Monterey Park. Huge lot size good for future mix-use development. High traffic intersection Atlantic Blvd and Garvey Avenue. 95% Lease expires on January, 2019. Direct freeway access to 10 and 60 freeways close proximity. Property including corner vacant land with building plan approximately 6500 for retail.
Water SourcePublic
Property parameters
Year Built1978
Living Area (Sq.Ft.)28,159 ft2
Lot Size SourceAssessor
Number of Units Total21
ZoningMPSP
Water SourcePublic
Land Usage DescriptionRetail
Property SubtypeRetail
Building StatusExisting
Units Total21
Year Built SourceAssessor
Listed withDAVID WAN (MANDARIN REALTY COMPANY)