El Monte Plaza Restaurant
10343 Garvey Avenue El Monte, CA 91733
10343 Garvey Avenue, El Monte, CA, 91733
Contact for pricing
For Sale
Contact for pricing
Restaurant unit for sale in El Monte Plaza.
Property Size742 SF
Price / SF$819.41
Days on Market69
Property Features for 10343 Garvey Avenue
General Information
- Standard status
- Active
- Size
- 742 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing Agency
Keller Williams South Bay
Listed by
Simon Cazares · License #01227703
Source
Crexi
Added: May 10 Checked: Jul 16 at 4:15 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Bay
Investment Insights
Based on property information with market context.
A 742 square foot building unit is available for sale at El Monte Plaza, located at 10343 Garvey Ave, El Monte, CA. Currently operating as RAMEN ICHIRAKU Restaurant, the space is suitable for various food service businesses, including a coffee shop, boba tea station, or hamburger store. The property benefits from a favorable location within the plaza.
Key Highlights
- Restaurant Space: Currently operating as RAMEN ICHIRAKU Restaurant.
- Versatile Use: Suitable for coffee, boba tea station, or hamburger store.
- Prime Location: Situated on Garvey Ave in El Monte Plaza.
Local Financial Insights For Specialty Retail
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 | $27.4k | $36.96 |
| − Vacancy | −$631 | −$0.85 |
| EGI | $26.8k | $36.11 |
| − OpEx | −$6.7k | −$9.03 |
| NOI | $20.1k | $27.08 |
742 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$287.1K
$251.2K – $334.9K
NOI $20,095 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$14.10M
$12.34M – $16.45M
NOI $986,951 @ 7.0% cap · market cap 162.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ramen Ichiraku
Restaurant
San Sui Tei ...
Restaurant
Naruto
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Crazy Burger mexican — Chico Ave, 9336 Mabel Ave, South El Monte, CA 91733
- Eco Essential — 10161 Rush St, South El Monte, CA 91733
- Taquizas La Guera — 2241 Central Ave, South El Monte, CA 91733
- Sunseri's Bar and Beverage Catering — 10617 garvey ave, el monte, ca 91733
FAQs
What type of property is this?
Restaurant - Restaurant unit for sale in El Monte Plaza.
Where is this restaurant located?
The property is located at 10343 Garvey Avenue El Monte, CA.
What is the asking price?
The asking price for this property is $608,000.
What are key features of this property?
This property features: Restaurant Space: Currently operating as RAMEN ICHIRAKU Restaurant.; Versatile Use: Suitable for coffee, boba tea station, or hamburger store.; Prime Location: Situated on Garvey Ave in El Monte Plaza.
