260 E Garvey AVE new Save Request In-Person Tour Request Virtual Tour
Monterey Park,CA 91755
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,151 sqft
Price per Sqft $463
MLS Listing ID WS25111682
Bedrooms 4
Full Baths 3
Year Built 1941
Lot Size 1,860 Sqft
Property Sub-Type Mixed Use
Property 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.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Heating See Remarks
Cooling Central Air,Wall/Window Unit(s)
Fireplaces Type None
Laundry Washer Hookup
Exterior
Parking Features Off Street,Public
Pool None
Community Features Street Lights,Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Shingle
Building
Lot Description 2-5 Units/Acre,Flag Lot,Near Public Transit,Street Level,Walkstreet
Dwelling Type Mixed Use
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Mark Keppel
School District Alhambra
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard