Land – 780 W Garvey Ave, Monterey Park, CA 91754, USA -001-11-30T00:00:00-08:00
Finance available. ** Land Value 2.48 acres for Sale on the Most Prime Corner Land of Atlantic and Garvey: 740-780 W Garfield Ave with APN#5257-001-085 and 042 in hart of Downtown Monterey Park walk to Time Square Plaza. High traffic intersection and Visibil
780 W Garvey Ave, Monterey Park, CA 91754, USA
$24,998,000 USD
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Address780 West Garvey Avenue, Monterey Park
Price$24,998,000
Price Changed1.62% ($399,000, 87 days ago)
Year Built2017
Bedrooms Total0
Lot Size (Sq.Ft.)108,148
Listing IDWS17218977
StatusActive
Parcel Number5257001085
ZoningMPSP
Special ConditionsStandard
Days on Market87

Detailed Description: Finance available. ** Land Value 2.48 acres for Sale on the Most Prime Corner Land of Atlantic and Garvey: 740-780 W Garfield Ave with APN#5257-001-085 and 042 in hart of Downtown Monterey Park walk to Time Square Plaza. High traffic intersection and Visibility with High Density Mixed-Use Redevelopment Site for retail, office, restaurant and Hotel / residential. F. A. R 2.25, Please verify with City. ***Existing Plaza is currently renting out for NOI approx. $650,000 a year, 95% lease and 95% lease expire in 2019. Collecting the Rents during the redevelopment process, submit the plan till final approval. **** Surrounded by strong mixed -use investment demand. *****Prime High Visibility Location and Easy access to Freeway #10,60 and 710 with a daily traffic count in excess of 70,000 cars per day. Walk to Time Square Plaza, restaurants, shops, theater, bank, Supermarkets, Residents and Courtyard by Marriott under construction. Minutes to Cal State Los Angeles, San Marion, Pasadena, San Gabriel Valley and approximately 7 miles to Downtown Los Angeles.

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Address Information
Address780 West Garvey Avenue, Monterey Park
Street PrefixWest
Street SuffixAvenue
CityMonterey Park
Location (MLS Area)641 – Monterey Park
County Or ParishLos Angeles
State or ProvinceCA
Postal Code91754
Postal Code Plus42708
CountryUS
Financial Information
Price Changed1.622%
Previous Price$24,599,000
Price per Square Foot$231.15
Price per Lot Square Foot$231.15
Special ConditionsStandard
Tax Year2000
Full Descriptions
Parcel Number5257001085
Detailed DescriptionFinance available. ** Land Value 2.48 acres for Sale on the Most Prime Corner Land of Atlantic and Garvey: 740-780 W Garfield Ave with APN#5257-001-085 and 042 in hart of Downtown Monterey Park walk to Time Square Plaza. High traffic intersection and Visibility with High Density Mixed-Use Redevelopment Site for retail, office, restaurant and Hotel / residential. F. A. R 2.25, Please verify with City. ***Existing Plaza is currently renting out for NOI approx. $650,000 a year, 95% lease and 95% lease expire in 2019. Collecting the Rents during the redevelopment process, submit the plan till final approval. **** Surrounded by strong mixed -use investment demand. *****Prime High Visibility Location and Easy access to Freeway #10,60 and 710 with a daily traffic count in excess of 70,000 cars per day. Walk to Time Square Plaza, restaurants, shops, theater, bank, Supermarkets, Residents and Courtyard by Marriott under construction. Minutes to Cal State Los Angeles, San Marion, Pasadena, San Gabriel Valley and approximately 7 miles to Downtown Los Angeles.
Lot FeaturesCorner Lot, Level with Street, Walkstreet
Community FeaturesUrban
Water SourcePublic
View DescriptionCity Lights
Distance to Water1
Property parameters
Year Built2017
Lot Size (Sq.Ft.)108,148
Lot Size SourceSee Remarks
Lot Size Dimensions SourcePublic Records
ZoningMPSP
Water SourcePublic
Listed withANNA HUI JU LIAO (IRN REALTY)