260 E Garvey AVE Monterey Park, CA 91755
UPDATED:
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
Construction Status Turnkey
HOA Y/N No
Year Built 1941
Lot Size 1,860 Sqft
Lot Dimensions Assessor
Property Sub-Type Mixed Use
Property Description
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
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bedroom on Main Level, Workshop
Heating See Remarks
Cooling Central Air, Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Gas Range
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
Accessibility Safe Emergency Egress from Home
Private Pool No
Building
Lot Description 2-5 Units/Acre, Flag Lot, Near Public Transit, Street Level, Walkstreet
Dwelling Type Mixed Use
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Schools
High Schools Mark Keppel
School District Alhambra
Others
Senior Community No
Tax ID 5257022007
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
