490-498 N Garfield Ave 8,350 SF 100% Leased Office Building Montebello, CA 90640 $2,300,000 ($275.45/SF)

490–498 N Garfield Ave is a fully occupied, 6-tenant neighborhood retail and office strip center located in the heart of Montebello. Situated on a 10,090 sq. ft. parcel, the property features approximately 8,350 sq. ft. of building area improved with four single-story commercial units, an attached two-story residential unit, and a bonus space. The asset offers open surface parking and direct frontage along N Garfield Ave, ideally located near the busy intersection of N Garfield Ave and W Beverly Blvd.
The center is 100% leased to a diversified mix of retail, office, and residential tenants—including tax services, a sign company, and massage and beauty suites. This multi-tenant rent roll provides investors with steady, diversified income while minimizing exposure to single-tenant risk.
Supported by a gross lease structure and a strong in-place annual base rental income of $182,400, this prized asset represents an exceptional opportunity to acquire a stabilized Montebello commercial property with durable local demand and immediate cash flow. Additionally, an upside potential through NNN lease conversion at rollover.
Located within one of Los Angeles’ most active and densely populated submarkets, the property benefits from an infill position surrounded by single-family and multifamily housing, daily-needs amenities, and vibrant food and beverage corridors—creating a built-in, consistent customer base.