SOLD 03/08/2024
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Commercial sold for $5,100,000 in 210 days
670 Monterey Pass Rd Monterey Park, CA, 91754
Off the market Office
The offering consists of 2 stand-alone office buildings on two parcels, side by side consisting of +/-29,084 SF of total building size on 1.71 acres. With +/-12,407 square feet of available space, this is a great opportunity for an owner-user to occupy a prime main floor unit within the two buildings. The property is located at a signalized corner with three curb cuts and the lower and upper-level parking lots offer approximately 100 parking spaces. The subject property is perfect for medical/professional, educational use and is located in a prime business district in the city of Monterey Park. The property is centrally located close to the 10, 710 and 210 freeways.
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Property details
29,084 sqft interior area
Land area
74,626 sqft (1.71 acres)
Address
670 Monterey Pass Rd, Monterey Park, CA, 91754
City of California
Monterey Park
County
Los Angeles
Year Built
1959
Parking Spaces
100
District
Listing
Nearby major retailers
Costco
Trader Joe's
BMW
Albertsons
Walmart Supercenter
Aldi
T-Mobile
Wholesale: 3
Supermarket: 4
Car: 1
Mobile phone: 1
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Interior Features
100 parking places
Utilities Included
Electricity Connected, Natural Gas Connected, Other
Listed by
Patrick Sharples, Keller Williams Realty
Name
Patrick Sharples
License number
01245463
Brokerage company
Keller Williams Realty
MLS #
CRPW23150576
Buyer agent
Name
General Nonmember
Brokerage company
NONMEMBER MRML
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Calculate your monthly payments
Mortgage
$15,659
Taxes
$0
HOA dues
$0
Mortgage
$1,020,000 / 20%
2.28%
30 years
Your amount
$15,659 / month
Lot details
TMK #5252002010
Parcel nr.
5252002010
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
—
no data
Beach
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no data
Elementary school
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no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in 91754
40%
Families with children
National average: 39%
24%
Non family households
538,487
Population
$67,439
Average Income
Age & gender
Median age 37 years
More info
Commute types
86% commute by car
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Education level
29% have not graduated education
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Number of employees
2% work in education and healthcare
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Vehicles available
36% have 2 vehicle
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Vehicles by gender
36% have 2 vehicle
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Housing market insights for
$867.89k
Neighborhood average
sales price*
sales price*
$800k
Neighborhood median
sales price*
sales price*
460
Number
of sales*
of sales*
Housing type
55% are single detacheds
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Rooms
48% 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
56% are renters
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10.83 / 20
Above Average
►
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 Mar 8, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 8, 2024 | Sold | $5,100,000 | 0 | Public Record |
| Mar 8, 2024 | Price Decrease | $5,100,000 -13.38% | 0 | MLS #CRPW23150576 |
| Feb 21, 2024 | Pending | $5,888,000 | 0 | MLS #CRPW23150576 |
| Dec 13, 2023 | Under contract | $5,888,000 | 0 | MLS #CRPW23150576 |
| Aug 12, 2023 | New Listing | $5,888,000 | 0 | MLS #CRPW23150576 |
Taxes of 670 Monterey Pass Rd, Monterey Park, CA, 91754
O-P zoning / MLS #CRPW23150576
Zoning
O-P
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Frequently Asked Questions about 670 Monterey Pass Rd
What is 670 Monterey Pass Rd?
670 Monterey Pass Rd is a Commercial/Industrial propertywith 29,084 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
670 Monterey Pass Rd, Monterey Park, CA, 91754.
What comparable properties are nearby?
Comparable nearby commercial properties include 798 Monterey Pass Rd, 800 Monterey Pass Rd, 1251 College View Dr, 112 N Chandler Ave, 128 N Garfield Ave, 223 E Garvey Ave.
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: Mar 08, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are 99 Ranch Market-Monterey Park, 1.2 miles away and Ralphs, 1.28 miles away.
The 91754 zip area has a population of 538,487, and 40% of the families have children. The median age is 37.92 years and 86% commute by car. The most popular housing type is "single detached" and 56% is renter.
