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.
Property Type
ResidentialCounty
Los AngelesStyle
ResidentialAD ID
49834702
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Interior Features: Bedroom on Main Level,Workshop
- Property Appliances: Gas Range
- Fireplace: None
Cooling Features
- Central Air,Wall/Window Unit(s)
- Air Conditioning
Heating Source
- See Remarks
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1941
- Roof: Shingle
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Accessibility Features
- Safe Emergency Egress from Home
Pool Features
- None
Laundry Features
- Washer Hookup
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.0427
- Lot Size Dimensions: 1859
- Lot Size Source: Assessor
- Lot Size Square Feet: 1859
-
Listing Information
Listing Price Information
- Original List Price: 998,000
- Listing Contract Date: 2025-05-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5257022007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Street,Public
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 641 - Monterey Park
- Postal Code Plus 4: 1849
- Directions: South of Fwy 10/East of Garfield Ave
- Source Property Type: Residential
- Area: 641 - Monterey Park
- Property SubType: Mixed Use
Building and Construction
- Property Age: 84
- Common Walls: No Common Walls
- Property Condition: Turnkey
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Total Square Feet Living: 2151
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Mixed Use
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BuyOwner last updated this listing 06/11/2025 @ 07:13
- MLS: WS25111682
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,151 sqft, 1,859 sized lot, and 0 parking. are nearby neighborhoods.