Corner Retail and Office
9750 Garvey El Monte, CA 91733
9750 Garvey, El Monte, CA, 91733
$1,500,000
For Sale
$1,500,000
Three-unit property on a corner lot with gated parking, street-facing retail, and a side entrance.
Property Size1,944 SF
Price / SF$771.60
Days on Market166
Property Features for 9750 Garvey
General Information
- Standard status
- Active
- Size
- 1,944 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1944
Listing agency
Showcase Homes, So Cal
(714) 814-5476
Listed by
Joyce Leonard · License #00704394
Source
Xome
Added: Feb 5 Updated: Jul 21 at 7:40AM Checked: Jul 21 at 7:40AM
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 Showcase Homes, So Cal
Investment Insights
Based on property information with market context.
Located at 9750 Garvey, El Monte, this corner commercial property contains 3 total units, combining retail and office uses. The storefront units face Garvey with a side entrance, and the property includes a fenced, gated setup with covered areas. The former insurance office space is described as having newer tile and paint, while the third unit is listed as “as is.” The roof was reportedly repaired approximately 12 years ago.
The site is described as a former car lot and includes room for about 40 cars when operated as a car lot. The seller notes easy access via a fenced entry and the property’s corner presence along Garvey and the side street.
Lot size is over 12,000 square feet, with a building size of approximately 1,900 square feet. The seller suggests potential for using one unit and renting the others, while also noting that any reimagined use would require city approval and confirmation of applicable zoning.
The site is described as a former car lot and includes room for about 40 cars when operated as a car lot. The seller notes easy access via a fenced entry and the property’s corner presence along Garvey and the side street.
Lot size is over 12,000 square feet, with a building size of approximately 1,900 square feet. The seller suggests potential for using one unit and renting the others, while also noting that any reimagined use would require city approval and confirmation of applicable zoning.
Key Highlights
- Three‑unit property on a corner lot with street‑facing retail and a side entrance
- Lot size over 12,000 SF with approximately 1,900 SF building area
- Fenced and fully gated entry with covered area and room for about 40 cars when used as a car lot
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 | $71.9k | $36.96 |
| − Vacancy | −$1.7k | −$0.85 |
| EGI | $70.2k | $36.11 |
| − OpEx | −$21.1k | −$10.83 |
| NOI | $49.1k | $25.28 |
1,944 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$702.0K
$614.2K – $819.0K
NOI $49,138 @ 7.0% cap · market cap 3.28%
Second Best
Office B
$594.9K
$520.5K – $694.0K
NOI $41,640 @ 7.0% cap · market cap 2.78%
Theoretical Best
Multifamily LT 5
$36.94M
$32.32M – $43.10M
NOI $2,585,759 @ 7.0% cap · market cap 172.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
GN1Performance
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Ellas Roses — 9324 Garvey Ave Suite G, South El Monte, CA 91733
- Jana Flowers — 2538 Chico Ave, South El Monte, CA 91733
- Fancy Fashion & Flower — 2650 Rosemead Blvd #11, South El Monte, CA 91733
FAQs
What type of property is this?
Storefront property - Three-unit property on a corner lot with gated parking, street-facing retail, and a side entrance.
Where is this storefront property located?
The property is located at 9750 Garvey El Monte, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three‑unit property on a corner lot with street‑facing retail and a side entrance; Lot size over 12,000 SF with approximately 1,900 SF building area; Fenced and fully gated entry with covered area and room for about 40 cars when used as a car lot
