260 E Garvey Avenue

Property Description

Welcome to 260 E. Garvey Ave. Exceptional 3-Unit Mixed-Use Opportunity in Monterey Park!
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.

Overview

Property Status

For Sale

Lot Size

1,859 Sq.Ft.

MLS ID

WS25111682

Property Type

Residential

Year Built

1941

Features & Amenities

Neighborhood

Monterey Park

View Description

None

Stories

Water Source

Public

Utilites

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Pool

None

Roof

Shingle

Lot Features

2-5 Units/Acre, Flag Lot, Near Public Transit, Street Level, Walkstreet

Parking

Off Street, Public

Heat Type

See Remarks

Air Conditioning

Central Air, Wall/Window Unit(s)

Other Interior Features

Bedroom on Main Level, Workshop

Sewer

Public Sewer

Disability Features

Safe Emergency Egress from Home

Security Features

Carbon Monoxide Detector(s), Smoke Detector(s)

High School

Mark Keppel

School District

Alhambra

Sales Price

$998,000

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