Property Detail

Description

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.