SOLD 12/29/2023
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Commercial sold for $700,000 in 25 days
250 E Garvey Ave Monterey Park, CA, 91755
Off the market Office
Centrally located in Downtown Monterey Park in the busy pedestrian shopping street, near Lincoln Hotel. The property has 2 stories with 2 separate units. Downstair is gold jewelry store with $3,200 per month for rent. Upstairs unit is has own bathroom/shower and individual gate access directly to Garvey Ave. Upstairs is vacant with possible rent of $1,000-1,500 per month. Upstairs is great for office use. Great location adjacent restaurants, banks, stores, bus stops, etc.
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Property details
1,720 sqft interior area
Land area
1,820 sqft (0.04 acres)
Address
250 E Garvey Ave, Monterey Park, CA, 91755
City of California
Monterey Park
County
Los Angeles
District
Listing
Nearby major retailers
Costco
Trader Joe's
BMW
Albertsons
Walmart Supercenter
Aldi
Wholesale: 3
Supermarket: 5
Car: 1
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Listed by
Crystal Zheng, KW Executive
Name
Crystal Zheng
License number
01773176
Brokerage company
KW Executive
MLS #
CRAR23220997
Buyer agent
Name
Crystal Zheng
Brokerage company
KW Executive
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Mortgage
$2,150
Taxes
$0
HOA dues
$0
Mortgage
$140,000 / 20%
2.28%
30 years
Your amount
$2,150 / month
Lot details
TMK #5257022004
Parcel nr.
5257022004
91755 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 91755
36%
Families with children
National average: 39%
25%
Non family households
480,739
Population
$71,465
Average Income
Age & gender
Median age 41 years
More info
Commute types
89% commute by car
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Education level
25% have high school education
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Number of employees
2% work in education and healthcare
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Vehicles available
38% have 2 vehicle
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Vehicles by gender
38% have 2 vehicle
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Housing market insights for
$1.03m
Neighborhood average
sales price*
sales price*
$913.33k
Neighborhood median
sales price*
sales price*
419
Number
of sales*
of sales*
Housing type
51% are single detacheds
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Rooms
47% of the houses have 4 or 5 rooms
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Bedrooms
68% have 2 or 3 bedrooms
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Owners vs Renters
54% are renters
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17.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Dec 29, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 29, 2023 | Sold | $700,000 | 0 | Public Record |
| Dec 29, 2023 | Price Decrease | $700,000 -24.32% | 0 | MLS #CRAR23220997 |
| Dec 14, 2023 | Under contract | $925,000 | 0 | MLS #CRAR23220997 |
| Dec 5, 2023 | New Listing | $925,000 | 0 | MLS #CRAR23220997 |
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Frequently Asked Questions about 250 E Garvey Ave
What is 250 E Garvey Ave?
250 E Garvey Ave is a Commercial/Industrial propertywith 1,720 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
250 E Garvey Ave, Monterey Park, CA, 91755.
What comparable properties are nearby?
Comparable nearby commercial properties include 601 Monterey Pass Rd, 2099 S Atlantic Blvd, 3314 Del Mar Ave, 2837 W Valley Blvd, 2881 W Valley 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: Jan 13, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Quang Hoa Super Market, 0.12 miles away and T.S. Emporium, 0.23 miles away.
The 91755 zip area has a population of 480,739, and 36% of the families have children. The median age is 41.06 years and 89% commute by car. The most popular housing type is "single detached" and 54% is renter.
