128 Garfield Avenue, Monterey Park

$6,500,000

Click the arrows next to the image to browse our photo gallery for this property.

0 Bed
0 Bath
.34 Acre
0 Garage

Prime Commercial Property in Monterey Park

This exceptional commercial property is strategically located in the bustling heart of Monterey Park, facing a busy street that guarantees high visibility and foot traffic. The property boasts a very good income, making it a lucrative investment opportunity.

The front building houses the famous Northern Cafe restaurant and a retail shop. Both establishments are well-known in the area, attracting a steady stream of customers and contributing to the property’s strong income.

In addition to these, the property also includes four warehouse facilities in the rear building. These warehouses offer ample storage space and can be utilized for a variety of purposes, further enhancing the property’s value and potential for income generation.

This is a great investment opportunity for those looking to expand their portfolio with a high-yield asset. The property’s prime location, established businesses, and versatile warehouse facilities make it a standout choice in Monterey Park’s commercial real estate market. Do not miss out on this chance to own a piece of this vibrant community!

Essential Information

MLS® #
WS24061861
Price
$6,500,000
Bathrooms
0.00
Acres
0.34
Year Built
1950
Type
Commercial Sale
Sub-Type
Retail
Status
Active

Community Information

Address
128 Garfield Avenue
Area
641 - Monterey Park
City
Monterey Park
County
Los Angeles
Zip Code
91754
Senior Community
N

Interior

Heating
Electric, Baseboard
# of Stories
1

Exterior

Lot Description
6-10 Units/Acre

Additional Information

Date Listed
March 28th, 2024
Days on Market
36
Zoning
MPC3*

Listing Details

Agent
Chen-wei Yeh
Office
CHT Realty

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 1:35pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.