223 Garfield Ave Monterey Park, CA 91754
This exceptional 1,479-square-foot medical office building is ideally situated in Monterey Park, California, at 223 N Garfield Ave, zip code 91754. The property, built in 1986 and located within a C3 zoned area of Los Angeles County, is a fully built-out OBGYN office, perfect for an owner-user. The single-unit building is part of a larger complex and boasts five exam rooms, each equipped with a sink (four measuring 9'x10' and one 9'x13.5'). Additional features include a dedicated doctor's office, a lab, a spacious 15'x14' waiting room, a convenient bathroom, and a kitchen break room. The unit offers the advantage of dual entry/exit points for patient and staff convenience. Two reserved parking spaces are included. The property sits on a substantial 28,314-square-foot lot and is located on the second floor, unit #205. The asking price is $550,000, translating to $371.87 per square foot. Note that a monthly association fee of $1,380.95 applies. This turnkey medical office presents a rare opportunity for immediate occupancy and operation in a thriving location. The building is a three-story structure.
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Ong Susan MD Physician
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AP Law Offices Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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