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Brand-New Commercial Building
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283 E Garvey, Monterey Park, CA 91755

New ±5,000 SF building on a 13,939 SF lot at a busy Garvey Ave and Nicholson Ave intersection.

Space SizeContact for details
Lot Size0.32 Acres
Days on Market48

Property Features for 283 E Garvey

General Information

Standard status Active
Lot size 0.32 Acres

Additional Details

Highway Access Yes

Building Details

Year Built 2026
Listing Agency: CBD Investment Inc.
Listed By: Henry Liu · License #01378289
Source: Myfabuloushome
Added: Jul 20 Changed: Sep 3 Last Checked: Sep 4 at 10:42AM

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.

Brand-new ±5,000 SF commercial building offering a flexible floor plan and modern design for a variety of uses, including retail, restaurant, medical, education, fitness, or financial services. The property is situated on a 13,939 SF lot and is being presented for long-term occupancy as an owner-user or investment asset.

Located at the busy intersection of Garvey Ave and Nicholson Ave in the heart of Monterey Park, the site is described as having high visibility, strong traffic counts, and easy access to the 10 and 60 freeways. The surrounding area includes established anchors such as Garfield Medical Center and East Los Angeles College, along with dense retail, dining, and residential population.

The offering is positioned as rare new construction within a mature trade area, with the remarks noting more than 242,000 residents within 3 miles and a median household income of approximately $62,110.

Key Highlights

  • Brand‑new ±5,000 SF commercial building on a ±13,939 SF lot
  • Located at the busy intersection of Garvey Ave & Nicholson Ave in Monterey Park
  • Easy access to the 10 and 60 freeways

Property Analytics

Current Use

Wah Hung International ... Car Dealership

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Gym & Fitness Center Real Estate Agency Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,872
Businesses Nearby

Demographics for 91755, CA

27,637
Population
9,316
Households
3
Avg Household Size
44
Median Age
32%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
8,637
Density / Sq Mi
$74,362
Median Household Income
$37,778
Median Earnings
$1,811
Median Rent
$761,900
Median Home Value

Market

Lease Benchmarks for Monterey Park, CA

$39.41 /SF/Yr
Avg Asking Price
$7.71–$59.94 /SF/Yr
Price Range
10,805 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New ±5,000 SF building on a 13,939 SF lot at a busy Garvey Ave and Nicholson Ave intersection.
Where is this retail space located?
The property is located at 283 E Garvey Monterey Park, CA.
What are key features of this property?
This property features: Brand‑new ±5,000 SF commercial building on a ±13,939 SF lot; Located at the busy intersection of Garvey Ave & Nicholson Ave in Monterey Park; Easy access to the 10 and 60 freeways
More about this property
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