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110 S Garfield Ave 10,760 SF 25% Leased Office Building Montebello, CA 90640 $2,450,000 ($227.70/SF)
Investment Highlights
- High traffic count on busy north-south corridor through the heart of Montebelllo
Executive Summary
Prime commercial opportunity in Montebello, ideal for an owner-user seeking flexibility and long-term value. The property offers the ability to occupy all or part of the space while leasing out unused areas for supplemental income and increased cash flow. A great option for businesses looking to establish a presence while benefiting from income-producing potential.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
10,760 SF
Building Class
B
Year Built
1962
Price
$2,450,000
Price Per SF
$227.70
Percent Leased
25%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,587 SF
Building FAR
1.07
Lot Size
0.23 AC
Zoning
C-2, Montebello - Zoning: C2 – Office Building (General Use). C2 zoning designation allows for a wide range of commercial and professional office uses. Buyer to verify.
Parking
27 Spaces (2.3 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Roof Terrace
- Central Heating
- Direct Elevator Exposure
- Reception
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- A & E Transit, Inc
- Transportation and Warehousing
- -
- -
- -
- La Causa Youthbuild
- Health Care and Social Assistance
- -
- -
- -
- LaCausa
- Professional, Scientific, and Technical Services
- -
- -
- Aug 2021
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| A & E Transit, Inc | Transportation and Warehousing | - | - | - | ||
| La Causa Youthbuild | Health Care and Social Assistance | - | - | - | ||
| LaCausa | Professional, Scientific, and Technical Services | - | - | Aug 2021 |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6351-003-014 | Improvements Assessment | $1,357,993 |
| Land Assessment | $688,948 | Total Assessment | $2,046,941 |
Property Taxes
Parcel Number
6351-003-014
Land Assessment
$688,948
Improvements Assessment
$1,357,993
Total Assessment
$2,046,941
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110 S Garfield Ave
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