$6,500,000

128 Garfield Avenue, Monterey Park 91754

14,832

Lot Size

Listing Agent
Chen-wei Yeh - CHT Realty

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!

Facts & Features

MLS® # WS24061861
Price $6,500,000
Bathrooms 0.00
Lot Size 14,832
Year Built 1950
Type Commercial Sale
Sub-Type Retail
Status Active
# Of Units 6

Community Information

Address 128 Garfield Avenue
Area 641 - Monterey Park
City Monterey Park
County Los Angeles
Zip Code 91754

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Electric, Baseboard
Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description 6-10 Units/Acre

Additional Information

Date Listed March 28th, 2024
Days on Market 39
Zoning MPC3*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChen-wei Yeh
OfficeCHT Realty

Listing Map

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