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333 W Garvey Ave 10,136 SF 100% Leased Retail Building Monterey Park, CA 91754 $3,700,000 ($365.04/SF) 5% Cap Rate



Executive Summary
Strategically located along Garvey Avenue, the property benefits from approximately 25,000 vehicles per day, providing exceptional visibility and consistent consumer exposure. The center is surrounded by a dense residential population and strong daytime traffic, making it an attractive location for both national and local tenants.
The surrounding demographics further strengthen the investment profile, with approximately 37,000 residents within a 1-mile radius and nearly 260,000 residents within a 3-mile radius. Median household incomes exceed $81,000 within the 3-mile radius, supporting strong long-term retail demand and tenant stability.
In addition to the current income stream, the property offers meaningful long-term upside potential through future rental growth and continued appreciation in one of Southern California’s most land-constrained infill markets.
Highlights:
* Prime Monterey Park location in the heart of the city
* Approximately 25,000 vehicles per day along Garvey Avenue
* Newly constructed in 2006
* Strong surrounding demographics with nearly 260,000 residents within 3 miles
* Median household income exceeding $81,000 within 3 miles
* Modern construction with lower maintenance and capital expenditure requirements
* Strong visibility and street frontage
* Located in a dense infill trade area with high barriers to entry
* Attractive long-term rental growth and appreciation potential
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$254,818
|
$59.26
|
| Other Income |
$7,438
|
$1.73
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$262,256
|
$60.99
|
| Taxes |
$43,000
|
$10.00
|
| Operating Expenses |
$34,392
|
$8.00
|
| Total Expenses |
$77,392
|
$18.00
|
| Net Operating Income |
$184,864
|
$42.99
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $254,818 |
| Annual Per SF | $59.26 |
| Other Income | |
|---|---|
| Annual | $7,438 |
| Annual Per SF | $1.73 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $262,256 |
| Annual Per SF | $60.99 |
| Taxes | |
|---|---|
| Annual | $43,000 |
| Annual Per SF | $10.00 |
| Operating Expenses | |
|---|---|
| Annual | $34,392 |
| Annual Per SF | $8.00 |
| Total Expenses | |
|---|---|
| Annual | $77,392 |
| Annual Per SF | $18.00 |
| Net Operating Income | |
|---|---|
| Annual | $184,864 |
| Annual Per SF | $42.99 |
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 888 Asset Group LLC
- Finance and Insurance
- -
- -
- -
- A Plus Sport Edition
- Public Administration
- -
- -
- -
- Addgas
- Public Administration
- -
- -
- -
- Aforzina Inc
- Public Administration
- -
- -
- -
- Aky Industries, Inc
- Manufacturing
- -
- -
- -
- Asap Postal Ctr
- Retailer
- -
- -
- -
- GC Express Courier Service
- -
- -
- -
- -
- Hai Tan
- -
- -
- -
- -
Kumon began in 1958 after Toru Kumon developed worksheet-based study materials to help a child build stronger math skills. Kumon grew from that origin into a structured education business centered on self-learning, individualized instruction, and steady daily practice. The company now operates learning centers and offers after-school math and reading programs for preschool through high school students, with materials designed to strengthen foundational skills and independent study habits. Kumon remains focused on workbook-based instruction and educational services that support long-term academic development.
- Yaca Education Center
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 888 Asset Group LLC | Finance and Insurance | - | - | - | ||
| A Plus Sport Edition | Public Administration | - | - | - | ||
| Addgas | Public Administration | - | - | - | ||
| Aforzina Inc | Public Administration | - | - | - | ||
| Aky Industries, Inc | Manufacturing | - | - | - | ||
| Asap Postal Ctr | Retailer | - | - | - | ||
| GC Express Courier Service | - | - | - | - | ||
| Hai Tan | - | - | - | - | ||
|
Educational Services | - | - | - | ||
| Yaca Education Center | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 5256-013-035 | Total Assessment | $2,910,514 |
| Land Assessment | $1,448,328 | Annual Taxes | $43,000 ($4.24/SF) |
| Improvements Assessment | $1,462,186 | Tax Year | 2025 |
Property Taxes
Presented by
333 W Garvey Ave
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