Flexible Office and Retail
300 S Garfield Ave 111 Monterey Park, CA 91754
300 S Garfield Ave 111, Monterey Park, CA, 91754
$450,000
For Sale
$450,000
Turnkey suite with reception, private rooms, and laundry hookups in a multi-tenant building on Garfield Avenue.
Property Size856 SF
Price / SF$525.70
Days on Market50
Property Features for 300 S Garfield Ave 111
General Information
- Standard status
- Active
- Size
- 856 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing agency
ColdwellBanker George Realty
(626) 462-5678
Listed by
Shumei Kam · License #00798181
(626) 462-5678
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 8:25AM
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 ColdwellBanker George Realty
Investment Insights
Based on property information with market context.
This commercial office/retail suite for sale is located in a well-established multi-tenant building and is approximately 856 square feet. The layout was previously used as a spa and includes a welcoming reception or open service area, multiple private rooms, utility/storage areas, and laundry hookups. Large front windows bring in natural light and provide street-facing presence, while the interior configuration supports a client-facing component alongside practical back-of-house space.
The suite is positioned at 300 S Garfield Ave in Monterey Park, CA 91754, on South Garfield Avenue in the heart of a busy business district. The property’s frontage and access are designed for visibility and convenient arrival, with the surrounding area including retail centers, restaurants, and professional services. WalkScore is listed as 16 (car-dependent) and BikeScore is 7 (somewhat bikeable), reflecting typical local access patterns.
Given its reception-driven entry, multiple private rooms, and utility support, the space can fit owner-users and operators across a range of service-oriented concepts, including professional, medical, wellness, beauty, office, or similar service uses. It also offers straightforward adaptability for a new owner looking to reconfigure the interior while keeping a clear client-facing flow.
The suite is positioned at 300 S Garfield Ave in Monterey Park, CA 91754, on South Garfield Avenue in the heart of a busy business district. The property’s frontage and access are designed for visibility and convenient arrival, with the surrounding area including retail centers, restaurants, and professional services. WalkScore is listed as 16 (car-dependent) and BikeScore is 7 (somewhat bikeable), reflecting typical local access patterns.
Given its reception-driven entry, multiple private rooms, and utility support, the space can fit owner-users and operators across a range of service-oriented concepts, including professional, medical, wellness, beauty, office, or similar service uses. It also offers straightforward adaptability for a new owner looking to reconfigure the interior while keeping a clear client-facing flow.
Key Highlights
- Approximately 856‑SF commercial office/retail suite in a multi‑tenant building on S Garfield Avenue in Monterey Park
- 1984‑built building; suite includes a reception/open service area plus multiple private rooms
- Features utility/storage areas and laundry hookups
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 | $29.0k | $33.84 |
| − Vacancy | −$1.9k | −$2.23 |
| EGI | $27.1k | $31.61 |
| − OpEx | −$8.1k | −$9.48 |
| NOI | $18.9k | $22.12 |
856 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$270.6K
$236.7K – $315.7K
NOI $18,939 @ 7.0% cap · market cap 4.21%
Second Best
Office B
$267.3K
$233.9K – $311.9K
NOI $18,711 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$458.3K
$401.0K – $534.7K
NOI $32,081 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Maple Dental Office: ...
Dental Office
Wow Hair Salon ...
Hair Salon
Joann Wong, Mortgage ...
Loan Service
Aung Myo Min
Dental Office
Z&W ELITE SERVICE ...
Law Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Acupuncture & Herbal — 500 N Garfield Ave # 201, Monterey Park, CA 91754
- David Gao, Lac — 240 Garfield Ave S # B, Monterey Park, CA 91754
- Wes L. Lai, Lac — 300 S Atlantic Blvd, Monterey Park, CA 91754
- Bai Xao Herb Acupuncture Center — 240 S Garfield Ave, Monterey Park, CA 91754
- 高百笑诊所 — 240 s garfield ave # b, monterey park, ca 91754
FAQs
What type of property is this?
Spa & wellness property - Turnkey suite with reception, private rooms, and laundry hookups in a multi-tenant building on Garfield Avenue.
Where is this spa & wellness property located?
The property is located at 300 S Garfield Ave 111 Monterey Park, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 856‑SF commercial office/retail suite in a multi‑tenant building on S Garfield Avenue in Monterey Park; 1984‑built building; suite includes a reception/open service area plus multiple private rooms; Features utility/storage areas and laundry hookups
