Property Detail

250 E Garvey Ave

Monterey Park CA 91755

$870,000

Status: Active

Property Details

Description

Situated in the vibrant heart of Downtown Monterey Park, this two-story property enjoys excellent visibility on a high-foot-traffic shopping street, just steps away from the Lincoln Hotel. The building features two separate units: The downstair unit was leased to a gold jewelry store generating $3,200 per month in rental income. The upstairs unit is currently vacant and features its own private bathroom and direct gated access to Garvey Avenue. This space offers rental potential of $1,000 to $1,500 per month and is well-suited for office use. Surrounded by a bustling mix of restaurants, banks, retail shops, and public transit stops, this location is ideal for maximizing exposure and convenience. A great opportunity for investors or business owners seeking a well-located commercial asset.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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