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    283 E Garvey Ave Monterey Park, CA 91754

    For Sale
    $5,700,000

    New construction suitable for retail, restaurant, medical, or office use.

    Property size:
    5,000 SF
    Lot size:
    0.32 Acres

    Property Features for 283 E Garvey Ave

    General Information

    Size
    5,000 SF
    Lot size
    0.32 Acres

    Source: CBD Investment Inc. Agent Henry Liu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Commercial Building For Sale

    This is a new commercial building featuring approximately 5,000 square feet of space on a lot of approximately 13,939 square feet. The building features a modern design and a flexible floor plan. It is suitable for retail, restaurant, medical, education, fitness, or financial services. The property is located in a mature trade area. This property is suitable for investors or owner-users seeking long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wah Hung International ... Used Car Dealer

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monterey Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.1191073
    Latitude
    34.0628963

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    FAQs

    What type of property is this?
    Retail space - New construction suitable for retail, restaurant, medical, or office use.
    Where is this retail space located?
    The property is located at 283 E Garvey Ave Monterey Park, CA.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: - Brand new ±5,000 SF commercial building.; - Flexible floor plan suitable for various uses.; - Located in a mature trade area.
    (626) 688-2208
    Request Owner's contact information
    283 E Garvey Ave Monterey Park, CA 91754
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    Realmo Value Estimation

    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.

    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.

    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
    283 E Garvey Ave Monterey Park, CA 91754
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