300 S Garfield Avenue Monterey Park, CA 91754
SINGLE_FAMILY - Monterey Park, CA
Property Features for 300 S Garfield Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- MPC3*
- Standard status
- Active
- APN
- 5257016049
Building Details
- Year built
- 1984
Listing agent Shumei Kam License #00798181 (626) 202-6446
Listing office High Ten Partners, Inc. 1611 S Garfield Ave., Alhambra, CA (626) 289-6660
Listing date May 29, 2026
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Investment Insights
Based on property information with market context.
The property is positioned at 300 S Garfield Avenue in Monterey Park, within a developed commercial corridor. Surrounding uses include retail centers, restaurants, and professional services, with convenient access for clients and staff coming to appointments or appointments-based services. Zoning is listed as MPC3*.
The layout is practical for an owner-user or investor seeking a flexible space that can support professional services beyond a traditional spa concept. With dedicated private rooms plus a reception/open service area, the suite can accommodate consultation-style operations, wellness services, or other service-oriented office uses where client-facing space and back-of-house support matter.
Key Highlights
- Approx. 856 SF commercial office/retail suite in a multi‑tenant building
- Year built: 1984
- Previously operated as a spa with a reception/open service area
Local Financial Insights For Office B
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 | $32.9k | $38.40 |
| − Vacancy | −$7.9k | −$9.25 |
| EGI | $24.9k | $29.15 |
| − OpEx | −$6.2k | −$7.29 |
| NOI | $18.7k | $21.86 |
