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$870,000
Est. payment /mo
1,820 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25076311
HOA Y/N No
Lot Size 1,820 Sqft
Property Sub-Type Mixed Use
Property Description
Situated in the vibrant heart of Downtown Monterey Park, this two-story property enjoys excellent visibility on a high-foot-traffic shopping street, just steps away from the Lincoln Hotel. The building features two separate units: The downstair unit was leased to a gold jewelry store generating $3,200 per month in rental income. The upstairs unit is currently vacant and features its own private bathroom and direct gated access to Garvey Avenue. This space offers rental potential of $1,000 to $1,500 per month and is well-suited for office use. Surrounded by a bustling mix of restaurants, banks, retail shops, and public transit stops, this location is ideal for maximizing exposure and convenience. A great opportunity for investors or business owners seeking a well-located commercial asset.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Near Public Transit, Rectangular Lot
Story 2
Water Public
Others
Tax ID 5257022004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Crystal Zheng • KW Executive • 626-823-1390
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High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686