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250 E Garvey Ave

Monterey Park, CA 91755

$1,050,000

List Price

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Property Description

Located in the heart of Downtown Monterey Park along a high-traffic pedestrian shopping street, this property is conveniently situated near the Lincoln Hotel. The two-story building comprises two distinct units. The downstair unit was leased to a gold jewelry store generating $3,200 per month in rental income. The upstairs unit features its own private bathroom and direct gated access to Garvey Avenue. This upper unit is currently vacant, offering potential rental income of $1,000 to $1,500 per month and is ideal for office use. The property is surrounded by a variety of restaurants, banks, retail stores, and bus stops, making it a prime location for both business and convenience.

Listing Information

List Price $1,050,000
Status Active
MLS AR25002400
Type Commercial
Subtype Retail
Lot Size 1,820
Structure Size N/A
Courtesy Of KW Executive
Listing Agent Crystal Zheng DRE#01773176

Interior Features

Laundry Information
Location(s) None
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Exterior Information

Maps

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king_bed N/A
shower N/A
straighten N/A
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king_bed N/A
shower N/A
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Listing information courtesy of: Crystal Zheng, KW Executive . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 5th, 2025 at 3:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.