10004 Garvey Avenue, South El Monte, CA 91733
Historic masonry theater offers a mezzanine and prominent street frontage with potential for office or storage uses.
- Added:
- Aug 18, 2024
- Days on Market:
- 668
- Last Refresh:
- Jun 15 at 1:37 am
Property Features for 10004 Garvey Avenue
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1946
Listing agent Chuhui Huang License #DRE #01869453
Listing office Re/Max Premier Prop Arcadia (626) 229-2200
Listing date Aug 18, 2024
Source Xome
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HighLights
- 9,000 SF masonry building built in 1946 with bow truss ceiling
- Mezzanine area that can be used for office or storage
- Nearly 23,800 SF corner lot with 125 ft frontage on Garvey Ave and 190 ft frontage on Merced Ave
- Urban Multiuse zoning
- 3 guest facilities and 3 convenient access points
- On‑site billboard and public transport access
Overview
The property sits on nearly 23,800 square feet of land and is presented with strong visibility along Garvey Avenue, with approximately 125 feet of frontage, and about 190 feet along Merced Avenue. The site provides three convenient access points. The remarks also note an unencumbered billboard and report over 30,000 cars passing each day, supporting the property’s exposure to everyday traffic.
Zoned for Urban Multiuse, the building and site offer flexibility for buyers evaluating a redevelopment path or a tailored operating concept that leverages the existing theater structure and mezzanine. With frontage on two major streets and dedicated access points, the property is positioned for companies seeking a distinctive footprint that can be configured for commercial or back-of-house use.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.6k | $38.40 |
| − Vacancy | −$83.3k | −$9.25 |
| EGI | $262.3k | $29.15 |
| − OpEx | −$65.6k | −$7.29 |
| NOI | $196.7k | $21.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.0510359
- Latitude
- 34.0623074
