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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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128 N Garfield Avenue,  Monterey Park CA, 91754

(Active)
$6,500,000
|
7,267 sqft
|
MLS# WS24061861
Last Updated: 5/10/2024 3:08 PM
Description for 128 N Garfield Avenue Monterey Park, CA 91754
Prime Commercial Property in Monterey ParkThis exceptional commercial property is strategically located in the bustling heart of Monterey Park, facing a busy street that guarantees high visibility and foot traffic. The property boasts a very good income, making it a lucrative investment opportunity.The front building houses the famous Northern Cafe restaurant and a retail shop. Both establishments are well-known in the area, attracting a steady stream of customers and contributing to the propertys strong income.In addition to these, the property also includes four warehouse facilities in the rear building. These warehouses offer ample storage space and can be utilized for a variety of purposes, further enhancing the propertys value and potential for income generation.This is a great investment opportunity for those looking to expand their portfolio with a high-yield asset. The propertys prime location, established businesses, and versatile warehouse facilities make it a standout choice in Monterey Parks commercial real estate market. Do not miss out on this chance to own a piece of this vibrant community!
Price
$6,500,000
Los Angeles
7,267 (approx)
WS24061861
Active
Description
Prime Commercial Property in Monterey ParkThis exceptional commercial property is strategically located in the bustling heart of Monterey Park, facing a busy street that guarantees high visibility and foot traffic. The property boasts a very good income, making it a lucrative investment opportunity.The front building houses the famous Northern Cafe restaurant and a retail shop. Both establishments are well-known in the area, attracting a steady stream of customers and contributing to the propertys strong income.In addition to these, the property also includes four warehouse facilities in the rear building. These warehouses offer ample storage space and can be utilized for a variety of purposes, further enhancing the propertys value and potential for income generation.This is a great investment opportunity for those looking to expand their portfolio with a high-yield asset. The propertys prime location, established businesses, and versatile warehouse facilities make it a standout choice in Monterey Parks commercial real estate market. Do not miss out on this chance to own a piece of this vibrant community!
Listing Information
Property Type: Retail, Business Opportunities, Warehouse, 1 Story
0.34 Acres Assessor 7,267 (approx)
1950 1
Public
6 Total
Neighborhood
Room Information
None
Interior Features
Electric Heating, Baseboard
Exterior / Lot Features
0 Covered Parking Spaces,
MPC3*
6-10 Units/Acre
Driving Directions
Intersection of Avondale Ave and N. Garfield Ave
Financial Considerations
5255008014
1031 Exchange
Listing Price History

Monterey Park Real Estate

Monterey Park is located in California. Monterey Park, California 91754 has a population of 61,517.

The median household income in Monterey Park, California 91754 is $69,887. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Monterey Park 91754 is 38 years.

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Listing Agent: CHEN-WEI YEH CalDRE: 01848258 - CHT Realty
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/10/2024 3:08 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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