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803 E Garvey Ave
Monterey Park, CA 91755
801-849 E. Garvey Ave, Monterey Park · Land For Sale · 1.15 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Planned Unit Development
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.15 AC
No. Stories 1
Zoning MPCM*

Description

The entire block of 801 -849 E Garvey Ave, between Gladys Ave and Florence Ave (316 feet frontage of Garvey Ave), over 50,000 square feet lot is up for sale for the first time. Total of 4 lots can be sold together or sold separately. Majority of tenants are month-to-month with an annual proforma gross income of over $400,000. City allows for mixed-use development with 100% floor area ratio; 3 levels, up to 40 feet in height making possible to build this project without going subterranean parking. City of Monterey Park Voted #3 in the U.S. by Time Inc' s Money Magazine Best Places to Live 2017 !!! A suburb 8 miles east of Downtown LA, Monterey Park is a transportation hub between the 10, 60, and 710 freeways; an educational hub with a great school district and higher learning institutions like USC, Caltech, and Cal State LA nearby; a cultural hub with a diverse community. Price not disclose.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5258-005-060
  • 5258-005-058
  • 5258-005-061
  • 5258-005-059
Land Assessment
$4,651,706
Improvements Assessment
$3,156,912
Total Assessment
$7,808,618
  • Listing ID: 12041765

  • Date on Market: 3/24/2018

  • Last Updated:

  • Address: 803 E Garvey Ave, Monterey Park, CA 91755

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