Prime commercial opportunity in Monterey Park. Situated at the high-traffic corner lot of S. Atlantic Blvd. and W. Newmark Ave., this property boasts build-in tenant demand, excellent visibility, and significant upside potential for rental revenues with an 85% + occupancy rate. The street-front retail offices offer both convenience and accessibility, including rear parking with 32 spaces and four detached garages.
MLS# | TR24185279 |
---|---|
Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1976 |
Days On Site | 64 |
Listing Provided By | Champions Real Estate 909-204-5454 | Poon Choi Chao |
SQ Feet | 8,284 |
---|---|
Story(s) | 2 |
Acreage | 0.51 |
State | CA |
---|---|
County | Los Angeles |
City | Monterey Park |
Zip Code | 91754 |
Area | 641 Monterey Park |
Listing VS Median (in 91754) | |
Price: $4,200,000 low | high Med: $17,416 SqFt: 8,284 low | high Med: 5,241 $ / SqFt: $507 low | high Med: $3 On Site: 64 low | high Med: 287.000000 |