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Retail Strip Mall with Underground Parking
For Sale
$299,999

H-401 S Garfield Ave, Monterey Park, CA 91754

Well-maintained strip mall built in 2007 with underground parking and full occupancy along high-traffic Garfield Ave.

Property SizeContact for details
Days on Market333

Property Features for H-401 S Garfield Ave

General Information

Standard status Active
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 2007
Listing Agency: High Ten Partners, Inc.
Listed By: LUCY CLARKE · License #01877350
Source: Exprealty
Added: Sep 26, 2025 Changed: Aug 20 Last Checked: Aug 24 at 9:43AM

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 High Ten Partners, Inc.

Investment Insights

Based on property information with market context.

This for-sale retail strip mall was built in 2007 and is presented in a well-maintained condition. The property includes an underground parking lot and is currently 100% occupied. Existing rent is described as monthly gross income of $1,300.00, supporting straightforward pro forma discussion for buyers evaluating current occupancy and income.

The center is located on Garfield Ave in the heart of Monterey Park, identified as being on a highest traffic volume corridor. It is also noted to be close to Garvey Ave, with easy access to Freeway 10 and Freeway 60, which can be helpful for tenant customers and daily access.

For investors and owner-operators seeking a retail asset with on-site parking and existing tenants in place, this property offers a turnkey starting point with full occupancy at acquisition. The combination of underground parking and a strip-mall format can support a range of storefront-oriented retail uses, subject to applicable leasing and any requirements at the property level. Interested parties should contact the listing broker for additional details on the current occupancy and lease-related information.

Key Highlights

  • Well‑maintained strip mall built in 2007
  • Located on high‑traffic Garfield Ave. in the City of Monterey Park, near Garvey Ave.
  • Easy freeway access to I‑10 and I‑60

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Gym & Fitness Center HVAC Service Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,859
Businesses Nearby

Demographics for 91754, CA

33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Well-maintained strip mall built in 2007 with underground parking and full occupancy along high-traffic Garfield Ave.
Where is this strip mall located?
The property is located at H-401 S Garfield Ave Monterey Park, CA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Well‑maintained strip mall built in 2007; Located on high‑traffic Garfield Ave. in the City of Monterey Park, near Garvey Ave.; Easy freeway access to I‑10 and I‑60
More about this property
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