Two-Story Mixed-Use
For Sale
Contact for pricing
745 E Garvey Ave, Monterey Park, CA 91755
Fully leased commercial building combining retail and office uses.
Property Size8,006 SF
Lot Size0.55 Acres
Price / SF$587.06
Days on Market433
Property Features for 745 E Garvey Ave
General Information
Standard status
Active
Size
8,006 SF
Lot size
0.55 Acres
Property subtype
RETAIL
Occupancy
100%
Building Details
Stories
2
Building Size
8,006 SF
Listing Agency:
CBD Investment Inc.
(626) 688-2208
Listed By:
Henry Liu · License #01378289
(626) 688-2208
Source:
Moodyscre
Added: May 28, 2025
Changed: Jul 31
Last Checked: Aug 2 at 8:50AM
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.
This two-story mixed-use property includes 8,006 SF of building area on a 23,902 SF land area. The property is fully leased and currently used for a combination of retail and office purposes, providing a blend of commercial uses within one building.
Located at 745 E Garvey Ave in Monterey Park, California, the property offers easy access for its current commercial operations. Its existing retail and office configuration supports a range of business activities within the established improvements.
Located at 745 E Garvey Ave in Monterey Park, California, the property offers easy access for its current commercial operations. Its existing retail and office configuration supports a range of business activities within the established improvements.
Key Highlights
- Fully leased mixed‑use property
- Two‑story building with 8,006 SF of building area
- 23,902 SF land area
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 | $270.9k | $33.84 |
| − Vacancy | −$17.9k | −$2.23 |
| EGI | $253.0k | $31.61 |
| − OpEx | −$75.9k | −$9.48 |
| NOI | $177.1k | $22.12 |
8,006 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.53M
$2.21M – $2.95M
NOI $177,129 @ 7.0% cap · market cap 3.77%
Second Best
Office B
$2.50M
$2.19M – $2.92M
NOI $175,005 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$4.29M
$3.75M – $5.00M
NOI $300,047 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,755
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Mixed-use properties in Monterey Park
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully leased commercial building combining retail and office uses.
Where is this mixed-use property located?
The property is located at 745 E Garvey Ave Monterey Park, CA.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Fully leased mixed‑use property; Two‑story building with 8,006 SF of building area; 23,902 SF land area
