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$6,500,000
7,267 Sqft
14,832 Sqft lot

128 N Garfield Avenue, Monterey Park, California 91754

  • Commercial Sale Property Type
  • 32 Days Time on market
  • $894 Price per sqft
  • 1950 Year Built
Property Description

Prime Commercial Property in Monterey Park

This 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 property’s 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 property’s 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 property’s prime location, established businesses, and versatile warehouse facilities make it a standout choice in Monterey Park’s commercial real estate market. Do not miss out on this chance to own a piece of this vibrant community!

Basic Details
Commercial Sale
Buy
WS24061861
$6,500,000
7,267 Sqft
1950
14,832 Sqft
Active
Retail
Features
: Electric, Baseboard
$0
Address
CA
Los Angeles
Monterey Park
91754
128 N Garfield Avenue
128
Avenue
0
W119° 52' 39.4''
N34° 3' 48.8''
N
Additional Information
32
1
7,267 Sqft
0 Sqft
0 Sqft
: Assessor
0.34 Sqft
14,832 Sqft
0 Sqft
MPC3*
5255008014
$0
$0
$0
$3,000
$0
$0
0 Sqft
1
0 Sqft
$0
1
28/03/2024 15:23:40
$0
: Standard
1031 Exchange
Intersection of Avondale Ave and N. Garfield Ave
Destrahan
Harry Hurst
CHT Realty
CHEN-WEI YEH
22061
W74944
$0
3.75
19
1
: Item610unitsacre
1
: Square Feet
1
: Square Feet
6
6
1
US-06037-N-5255008014-R-N
Retail
16/04/2024 17:50:18
Garfield
641 - Monterey Park
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