Monterey Park, CA 91755 260 E Garvey Avenue
$998,000
16 more
Presented By: MAY LAU with Pinnacle Real Estate Group; 626-823-1797
Beds • 4
Baths • 3
SQFT • 2,151
Year Built • 1941
Home Details
Welcome to 260 E. Garvey Ave. Exceptional 3-Unit Mixed-Use Opportunity in Monterey Park!
Located in the heart of Monterey Park, this rare commercial and residential building offers a great investment opportunity.
***The property features:
- A front store (commercial unit) with potential for retail, office, learning center use, live and work etc.
- 2 residential apartments at the back and on the 2nd level, each with 2 bedrooms and 1 bathroom
- Total of 4 bedrooms, 3 bathrooms and an extra separate shower stall
- Each unit has its own separate entrance
- Total area: 2150 sqft
- Potential rental income: Approx. $6,000 per month.
***Key Highlights:
- Recently renovated units in good condition
- Prime location, just 3 blocks from Garfield Ave and minutes drive to DTLA
- Easy access to major freeways
- Long-term growth potential in one of LA County's most desirable cities
***Current Status:
- Commercial unit leased until end of 2025
- Residential apartments currently vacant after recent renovations
Don't miss this exceptional opportunity to own a multi-unit property with great rental income and long-term growth potential.
Presented By: MAY LAU with Pinnacle Real Estate Group; 626-823-1797
Interior Features for 260 E Garvey Avenue
Bedrooms
Main Level Bedrooms2
Total Bedrooms4
Bathrooms
Main Level Bathrooms2
Total Baths3
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, Workshop
Laundry FeaturesWasherHookup
LivingAreaSourceAssessor
Total Stories2
Other Rooms
Entry Level1
General for 260 E Garvey Avenue
AccessibilitySafeEmergencyEgressFromHome
Additional Parcels Y/NNo
AppliancesGasRange
Attached Garage No
Carport Y/NNo
CityMonterey Park
Community FeaturesStreetLights, Sidewalks
ContingencyNone
CoolingCentralAir, WallWindowUnits
CountyLos Angeles
Current FinancingNone
DirectionsSouth of Fwy 10/East of Garfield Ave
ElectricElectricityOnProperty
Electric On Property Y/NNo
Entry Location1
Full Baths3
Garage Spaces0.0
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingSeeRemarks
High SchoolMark Keppel
High School DistrictAlhambra
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Living Area UnitsSquareFeet
Lot Size Square Feet1859.0
Lot Size UnitsSquareFeet
MLS Area641 - Monterey Park
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow, Negotiable
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Structure TypeMixedUse
Tax Lot8
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Year Built1941
Year Built SourceAssessor
Exterior for 260 E Garvey Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions1859
Lot FeaturesTwoToFiveUnitsAcre, FlagLot, NearPublicTransit, StreetLevel, Walkstreet
Lot Size Acres0.0427
Lot Size Area1859.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Open Parking Y/NNo
Parking FeaturesOffStreet, Public
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Schools
Elementary School
N/A
High School
Mark Keppel High School
Middle School
N/A
Clayton Bond
Sales Associate
