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710-716 E Garvey Ave
Monterey Park, CA 91755
Retail Property For Sale
Investment Highlights
- Prime corner location in the heart of the City of Monterey Park.
- Excellent invetment for investor or owner/user.
- Pro Forma Cap Rate is approximately 5.1%. Below market rents. Great potential for rent increases.
- Signalized intersection of Garvey Ave and Orange Ave.
- The property consists of four (4) units. Excellent Price Per Square Foot of $386.
- Easy access to 10, 60 and 710 Freeways.
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,369 SF
Building Class
C
Year Built
1955
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.72
Lot Size
0.14 AC
Zoning
MPCM*
Parking
6 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 5259-016-033 | Improvements Assessment | $160,901 |
| Land Assessment | $443,784 | Total Assessment | $604,685 |
Property Taxes
Parcel Number
5259-016-033
Land Assessment
$443,784
Improvements Assessment
$160,901
Total Assessment
$604,685
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