Industrial/Retail Building with
11139 Garvey Avenue El Monte, CA 91733
11139 Garvey Avenue, El Monte, CA, 91733
$1,680,000
For Sale
$1,680,000
Industrial/retail building with storage and additional magazine space totaling 4,676 square feet, offered for sale in El Monte.
Property Size3,676 SF
Lot Size0.16 Acres
Price / SF$457.02
Days on Market823
Property Features for 11139 Garvey Avenue
General Information
- Standard status
- Active
- Size
- 3,676 SF
- Lot size
- 0.16 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1948
Listing agency
CBD Investment Inc.
(626) 566-2221
Listed by
Henry Liu · License #013782889
Source
Xome
Added: Apr 21, 2024 Updated: Jul 21 at 4:57AM Checked: Jul 21 at 4:57AM
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 CBD Investment Inc.
Investment Insights
Based on property information with market context.
11139 Garvey Avenue in El Monte presents an industrial/retail building totaling 3,676 square feet, with an additional 1,000 square feet of magazine space, for 4,676 square feet of usable area. The property also offers retail space with storage available on-site.
The site is positioned on Garvey Avenue in El Monte’s business district and is described as being between Tyler and Peck Road. The property has a recent zoning upgrade to Mixed/Multi-Use (MMU), supporting a range of development and operating possibilities. The seller indicates flexibility and motivation to make a deal, and the listing notes convenience to public transportation, including bus stops.
The site is positioned on Garvey Avenue in El Monte’s business district and is described as being between Tyler and Peck Road. The property has a recent zoning upgrade to Mixed/Multi-Use (MMU), supporting a range of development and operating possibilities. The seller indicates flexibility and motivation to make a deal, and the listing notes convenience to public transportation, including bus stops.
Key Highlights
- 11139 Garvey Ave in El Monte: 3,676 SF industrial/retail building plus ±1,000 SF magazine space (total ±4,676 SF)
- 0.16‑acre lot with on‑site retail space that includes storage
- Mixed/Multi‑Use (MMU) zoning upgrade to support a variety of uses
Local Financial Insights For 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 | $135.9k | $36.96 |
| − Vacancy | −$3.1k | −$0.85 |
| EGI | $132.7k | $36.11 |
| − OpEx | −$39.8k | −$10.83 |
| NOI | $92.9k | $25.28 |
3,676 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $92,918 @ 7.0% cap · market cap 5.53%
Second Best
Industrial
$652.4K
$570.8K – $761.1K
NOI $45,665 @ 7.0% cap · market cap 2.72%
Theoretical Best
Multifamily LT 5
$69.85M
$61.12M – $81.49M
NOI $4,889,532 @ 7.0% cap · market cap 291.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Industrial/retail building with storage and additional magazine space totaling 4,676 square feet, offered for sale in El Monte.
Where is this retail space located?
The property is located at 11139 Garvey Avenue El Monte, CA.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: 11139 Garvey Ave in El Monte: 3,676 SF industrial/retail building plus ±1,000 SF magazine space (total ±4,676 SF); 0.16‑acre lot with on‑site retail space that includes storage; Mixed/Multi‑Use (MMU) zoning upgrade to support a variety of uses
