223 East Garvey Avenue, Unit 108

Monterey Park, CA 91755

$4,199,000
Price
Beds
8,685 Sq. Ft.
$483 / Sq. Ft.
8,685
Sq. Ft.
$483
per Sq. Ft.

Description

INVESTMENT HIGHLIGHT : Prime location heart of Monterey park gated commercial building with 14 units property has been subdivide into 14 parcels can be sold separately parking lot back of the building also included in the sale. Easy access to freeways and walking distance to all amenities. Don't miss this.INVESTMENT HIGHLIGHT : Prime location heart of Monterey park gated commercial building with 14 units property has been subdivide into 14 parcels can be sold separately parking lot back of the building also included in the sale. Easy access to freeways and walking distance to all amenities. Don't miss this.
  1. Listed by TAT WONG • DRE #01020977 • Brokerage DRE #00874425 • Gary Karasawa, Broker • 626-675-7288

Property Details for 223 East Garvey Avenue, Unit 108

Lot Size Source
Assessor
Building Area Total
8685
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Zoning
npc2
Parcel Number
5255017071
Area
Monterey Park (641)
LISTING UPDATED: 07/12/2024 11:08 AM

Property Details for 223 East Garvey Avenue, Unit 108

StatusActive
MLS #WS23138861
Days on Market520
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1940
Lot Size0.45 AC / 19,754 SF
CountyLos Angeles County

Building Information for 223 East Garvey Avenue, Unit 108

Stories2Residences-Year Built1940Lot Size0.45 AC / 19,754 SF

Property Information for 223 East Garvey Avenue, Unit 108

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $205,408
  • Net Operating Income: $120,235
  • Current Financing: None
Expense Details
  • Electric Expense: $3,175
  • Maintenance Expense: $1,400
  • Professional Management Expense: $11,964
  • Other Expense: $3,506
  • Trash Expense: $2,613
  • Real Estate Tax Expense: $62,475
  • Total Expenses: $85,174
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Lot 10000-19999 Sqft
  • Current Use: Commercial
  • Land Use: Office, Other
  • Lease Considered: No
  • Land Lease: No
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Office, Retail
Unit Information
Unit Information
  • Number Of Units Leased: 13
  • Number Of Buildings: 1

Property History for 223 East Garvey Avenue, Unit 108

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 223 East Garvey Avenue, Unit 108

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ynez Elementary School
PublicK to 8

Mark Keppel High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

Century High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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223 East Garvey Avenue, Unit 108 is a mixed use property for sale in Monterey Park, CA 91755. This property was listed for sale on July 29, 2023 by Gary Karasawa, Broker, it's currently listed at $4,199,000. This listing's school district is Alhambra Unified School District. Nearby schools include Ynez Elementary School, Mark Keppel High School and Independence High (Alternative) School. 223 East Garvey Avenue, Unit 108 is a 0-bed, 0-bath, 8,685 sqft mixed use property built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gary Karasawa, Broker, TAT WONG, DRE #01020977

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.