401 S Garfield Avenue, Monterey Park, CA 91754
- Added:
- Sep 26, 2025
- Days on Market:
- 275
- Last Refresh:
- Jun 27 at 1:06 am
Property Features for 401 S Garfield Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 5257012174
- Size
- 730 SF
Building Details
- Year built
- 2007
- Architectural style
- Other
Listing agent LUCY CLARKE License #01877350 (626) 289-6660
Listing office High Ten Partners, Inc. 1611 S. GARFIELD AVE. #200, Alhambra, CA (626) 289-6660
Listing date Sep 26, 2025
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on high‑traffic Garfield Ave. in Monterey Park.
- Built in 2007 with underground parking.
- 100% occupied commercial property.
- Easy access to Freeway 10 and 60.
- Close proximity to Garvey Ave.
- Monthly gross income of $1,300.00.
Overview
The center is located at 401 S Garfield Avenue in Monterey Park, California, with access to Garfield Ave. The remarks also note proximity to Garvey Avenue and easy access to freeways 10 and 60.
For buyers seeking a retail asset in Monterey Park, the current occupancy level and reported gross income can help support underwriting discussions. The underground parking may also be a practical convenience for retail patrons and tenants, particularly for day-to-day customer access. Interested parties should review the lease details and operating statements with appropriate diligence to confirm income, tenant terms, and any associated expenses.
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 | $24.7k | $33.84 |
| − Vacancy | −$1.6k | −$2.23 |
| EGI | $23.1k | $31.61 |
| − OpEx | −$6.9k | −$9.48 |
| NOI | $16.2k | $22.12 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- CPS Flowers — 2180 S Garfield Ave, Monterey Park, CA 91754
- Monterey Park Florist — 806 S Atlantic Blvd, Monterey Park, CA 91754
- Flower Delivery Monterey Park
- Maxim Flower & Gifts — 508 1/2 S Atlantic Blvd, Monterey Park, CA 91754
Location Insight
- Map
- Local Demand
- City
- Monterey Park
- County
- Los Angeles
- State
- California
- Longitude
- -118.1237405
- Latitude
- 34.058164
