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540 E Garvey Avenue, Monterey Park, CA 91755

Commercial property · 2 recorded sales since 2018

540 E Garvey Avenue, Monterey Park, CA 91755 Sold October 2019 CRMLS
$1,000,000Sold October 2019

Listing Agent: David Wong (DRE #01325743) · Listing Office: Keller Williams Signature · Contact: 626-964-5500 · Bought with: Timothy Tewasart · Apricot Realty · MLS #TR19152851 · Source: CRMLS

2,460
Building Sq Ft
3
Units
5.05%
Cap Rate
$54,522
NOI
6,060 sqft
Lot Size
1945
Year Built
Commercial property
Type

About this commercial property

Great opportunity to own this 3 retail units at the front building plus 1 auto repair shop at the near building. 2 buildings with total of 4 units.
 ( The Trophy store occupied 2 units ) Long time tenants over 10 years, they all established and pay rent on time. It's also suitable for an owner user.
 Situated at the heart of Monterey Park. Best corner lot location with a Great future Development Opportunity!!!
 Don't miss out. It's a great investment!!!

Listing description from the October 2019 sale, as reported to CRMLS.

Sale history

$1,000,000
Sold October 2019 · listed $1,080,000, on market June 2019 · MLS #TR19152851 · Source: CRMLS
Listing Agent: David Wong · Listing Office: Keller Williams Signature · Contact: 626-964-5500 · Bought with: Timothy Tewasart · Apricot Realty
$960,000
Sold June 2018 · listed $995,000, orig. $1,025,000, on market March 2018 · MLS #DW18071387 · Source: CRMLS
Listing Agent: Chris Comfort · Listing Office: Apex Properties · Contact: 818-917-6558 · Bought with: Danny Trang · Trusty RE Funding Group Inc
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