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Key Details
Sold Price $570,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22258086
Sold Date 03/31/23
HOA Y/N No
Year Built 1953
Lot Size 6,634 Sqft
Lot Dimensions Assessor
Property Description
Great investor opportunity in the City of El Monte. This Street Retail Building conveniently located at the corner of Garvey Ave & Washington Ave. Busy street with lots of foot and car traffic. Lot size is 6,635 sq.ft with alley access. The building is 1700 sq.ft. which comes with one restroom, one storage room, and one office. Ideal for all kinds of retail business/office use. Current lease term will end by 4/30/2026 with one 5-year option, and the rent is below market rate. Please do not disturb tenant.
Location
State CA
County Los Angeles
Area 619 - El Monte
Zoning EMC3
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Sewer Available, Water Connected
Roof Type Asphalt
Building
Lot Description No Landscaping, Near Public Transit, Paved, Rectangular Lot
Story 1
Water Public
Others
Tax ID 8580027010
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with SHUN ZHANG • REMAX MY HOME
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