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2320 S Garfield Ave, Monterey Park, CA, 91754
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Commercial sold for $631,000 in 161 days

2320 S Garfield Ave Monterey Park, CA, 91754

Off the market Office

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Prime investment opportunity! This property is conveniently located in the highly desirable area of Monterey Park, just off the 60 Freeway on Garfield Avenue and a short distance to San Bernardino Interstate 10 as well as the Long Beach 710 freeway. The ground floor was most recently used as a medical office with reception area, three patient rooms, two bathrooms, a shower and break area. The second floor currently contains two bedrooms, a kitchen, one bathroom and a patio most recently used as mixed use /residential but may potentially be converted for additional office space. A New solar system was installed two years ago, there is ample street parking in the front as well as three dedicated parking spaces behind the building. The property is being sold "As is" due to unfinished work/renovations, an incredible opportunity to finish out as you see fit for your business. Monterey Park is well known for their world-class police and fire protection as well as public programs that have won awards for innovation. This is a community with very active citizens who take a lot of pride in their city. Monterey Park has maintained a pro-business environment with new top dining destinations, beautiful parks and continuous growth. Priced to sell quickly, don't pass this amazing opportunity t
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Property details

3,275 sqft interior area
Land area
2,520 sqft (0.06 acres)
Address
2320 S Garfield Ave, Monterey Park, CA, 91754
City of California
Monterey Park
County
Los Angeles
Year Built
1962
Parking Spaces
3
District
Listing

Nearby major retailers

Costco
Lowe's
Walmart Supercenter
BMW
Albertsons
Aldi
Wholesale: 3
Do it yourself: 1
Supermarket: 5
Car: 1
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Interior Features

3 parking places
Utilities Included
Electricity Connected, Natural Gas Connected, Other

Listed by

Castulo Romero, Lazerus Properties and Capital
Name
Castulo Romero
License number
02096574
Brokerage company
Lazerus Properties and Capital
MLS #
CRAR23118562

Buyer agent

Name
Castulo Romero
Brokerage company
Lazerus Properties and Capital

Payment calculator

Calculate your monthly payments
Mortgage
$1,938
Taxes
$0
HOA dues
$0
$1,938 per month
Mortgage
$126,200 / 20%
2.28%
30 years
Your amount $1,938 / month

Exterior Features

Other, Stucco, Frame construction and more
Construction
Other, Stucco, Frame

Lot details

TMK #5265008005
Parcel nr.
5265008005

91754 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 91754

39%
Families with children
National average: 39%
23%
Non family households
471,270
Population
$71,101
Average Income

Age & gender

Median age 39 years
More info

Commute types

88% commute by car
More info

Education level

29% have not graduated education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

35% have 2 vehicle
More info

Vehicles by gender

35% have 2 vehicle
More info

Housing market insights for

$890.87k
Neighborhood average
sales price*
$810.94k
Neighborhood median
sales price*
381
Number
of sales*

Housing type

57% are single detacheds
More info

Rooms

48% of the houses have 4 or 5 rooms
More info

Bedrooms

67% have 2 or 3 bedrooms
More info

Owners vs Renters

53% are renters
More info
15.5 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Dec 12, 2023
Date Event Price $/sqft Source
Dec 12, 2023 Sold $631,000 0 Public Record
Dec 12, 2023 Price Decrease $631,000 -19.1% 0 MLS #CRAR23118562
Jul 14, 2023 Under contract $780,000 0 MLS #CRAR23118562
Jul 5, 2023 New Listing $780,000 0 MLS #CRAR23118562

Taxes of 2320 S Garfield Ave, Monterey Park, CA, 91754

GVN- zoning / MLS #CRAR23118562
Zoning
GVN-

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Frequently Asked Questions about 2320 S Garfield Ave

What is 2320 S Garfield Ave?

2320 S Garfield Ave is a Commercial/Industrial propertywith 3,275 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

2320 S Garfield Ave, Monterey Park, CA, 91754.

What comparable properties are nearby?

Comparable nearby commercial properties include 2099 S Atlantic Blvd, 601 Monterey Pass Rd, 3017 W Beverly Blvd, 2603 W Beverly Blvd, 2401 W Beverly Blvd, 5724 E Beverly Blvd.

Based on information from the bridgeMLS as of 05-13-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Dec 15, 2023
Verhouse Last checked 1 minute ago


The closest grocery stores are Smart & Final, 0.39 miles away and Vons 3258, 1.75 miles away.
The 91754 zip area has a population of 471,270, and 39% of the families have children. The median age is 39.08 years and 88% commute by car. The most popular housing type is "single detached" and 53% is renter.
Commercial Sold $631k 2320 S Garfield Ave, Monterey Park, CA, 91754 Save House Remove from Saved