Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    El Monte Plaza Restaurant Unit Title is generated by Realmo AI

    10343 Garvey Avenue, El Monte, CA 91733

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Restaurant unit for sale in El Monte Plaza.

    Type:Retail
    Property size:
    742 SF
    Price / SF:
    $819/SF
    Added:
    May 10, 2026
    Days on Market:
    23
    Last Refresh:
    May 14 at 9:18 pm

    Property Features for 10343 Garvey Avenue

    General Information

    Standard status
    Active
    Size
    742 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1981

    We can help!

    Listing Contact
    Simon Cazares

    Listing agent Simon Cazares License #01227703

    Listing office Keller Williams South Bay

    Listing date May 10, 2026

    Source Crexi

    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

    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.
    • Building Unit: For sale as a building unit.
    • Size: 742 sq ft of space.
    • Year Built: Constructed in 1981.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Ramen Ichiraku Restaurant San Sui Tei ... Restaurant Naruto Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    El Monte
    County
    Los Angeles
    State
    California
    Longitude
    -118.045261
    Latitude
    34.0630881

    Nearby Similar for Sale

    • $1,650,000
      3,208 SF

      El Monte Multi-Unit Investment Opportunity

      Multi-unit property in El Monte with income potential.
      5227 Hammill Road, El Monte, CA 91732
      View Details
    • $1,650,000
      6,296 SF

      El Monte Quadruplex Investment Opportunity

      Multi-unit property in El Monte with income potential.
      5227 Hammill Road, El Monte, CA 91732
      View Details
    • $1,180,000
      2,824 SF

      El Monte Quadruplex Investment Opportunity

      Four-unit complex in El Monte with upside potential.
      10711 Brockway, El Monte, CA 91731
      View Details
    • $1,690,000
      4,304 SF

      El Monte Triplex Investment Opportunity

      Triplex on a large lot with development potential.
      2915 Allgeyer, El Monte, CA 91732
      View Details
    • $1,429,000
      3,960 SF

      El Monte Quadruplex Investment Opportunity

      Four-unit income property in the San Gabriel Valley.
      4128 Eunice Avenue, El Monte, CA 91731
      View Details
    • $1,598,000
      3,095 SF

      El Monte Quadruplex on Large Lot

      Rare quadruplex with detached units on a large lot.
      11224 Lower Azusa, El Monte, CA 91731
      View Details
    • $2,590,000
      10,912 SF

      El Monte Mixed-Use Building

      Two-story mixed-use building in Downtown El Monte with flexible potential.
      10640 Main Street, El Monte, CA 91731
      View Details
    • $1,600,000
      3,144 SF

      El Monte Warehouse For Sale

      Modern warehouse in El Monte, ideal for owner-user or investor.
      2714 Seaman, El Monte, CA 91733
      View Details
    • $3,600,000
      10,240 SF

      El Monte Multifamily Investment Property

      20-unit multifamily property with strong cash flow and upside potential.
      3841 Peck Road, El Monte, CA 91732
      View Details
    • $4,400,000
      9,906 SF

      El Monte Income Property

      Well-maintained income property with 13 units on half acre.
      3641 Durfee, El Monte, CA 91732
      View Details
    • $1,200,000
      3,039 SF

      Multi-Unit Residential Income Property

      Five-unit property with income potential in El Monte, CA.
      2515 Mountain View Road, El Monte, CA 91733
      View Details
    • $1,499,000
      3,274 SF

      El Monte Quadruplex Investment Opportunity

      Four units on a large lot near I-10 Freeway.
      3644 Baldwin, El Monte, CA 91731
      View Details

    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.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Simon Cazares
    Real Estate License ID: 01227703
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10343 Garvey Avenue, El Monte, CA 91733
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!