Business
Listing Agent: CORINA PREECE (DRE #01478451) · Listing Office: EXCELLENCE RE REAL ESTATE · Contact: 562-205-6828 · Bought with: CORINA PREECE · EXCELLENCE RE REAL ESTATE · MLS #MB23000879 · Source: CRMLS
Great Opportunity to own a Commercial Building along with two long tenants with establish businesses in the City of Monterey Park, CA. Generating Income between $5000 -7,000 monthly, ROI is 9.33% with very low maintenance fee. The Property is Strategically located next to major shopping centers, Staples, The Famous Hat restaurant, and ELA College. Retail surrounding with great visibility and signage along Atlantic Blvd. with Heavy Traffic All Day Long. This Location is an Excellent Opportunity to create significant Value and Cash Flow by Acquiring this Building. Retail Store, Single Story Free Standing Building, SQFT. 1250, Lot Size 2520SQFT., Parking in rear for 12 cars. Zoning is MPC2, Built-in 1950, other uses Personal Services, Photography & Travel, Law Office to name a few.
Listing description from the April 2023 sale, as reported to CRMLS.