10004 Garvey Ave El Monte, CA 91733
- Manufacturing properties
- 9,000 SF
- 0.44 lot acres
Current Use by Public Records
- Bang Golf Inc / Golf Shop
- Los Angeles Classical Chinese Orchestra / Orchestra
- C.P.TOWING SERVICE / Towing Service
Property Details for 10004 Garvey Ave
- Year built
- 1946
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.44 lot acres
- Property size
- 9,000 SF
- Zone code
- EMC3-M1*
- Property type
- Manufacturing properties
- APN
- 8103-032-011
- APU
- 8103032011
Description
This exceptional 9,000-square-foot warehouse, built in 1942, is situated on a prominent 23,750-square-foot corner lot in El Monte, California. The property boasts 125 feet of frontage on Garvey Avenue and 190 feet on Merced Avenue, ensuring high visibility and exposure to the over 30,000 vehicles that pass daily. The single-story, Class B building features a unique bow truss ceiling and a mezzanine, ideal for office space or additional storage. Currently vacant, this owner-user opportunity presents immediate occupancy potential or the possibility for future development. Three convenient access points enhance operational efficiency. The property also includes an unencumbered billboard, offering immediate income generation potential. Zoned CM (Mixed/Multi-use), this location allows for a variety of uses. The asking price is $3,790,000. This landmark property offers a blend of historical charm and modern potential in a high-traffic area, making it an exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,025,000
- 6.5%
- $1,100,000
- 7%
- $975,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,285,000
- Geo Method
- $1,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,005,000
- Retail
- $930,000
- Mixed-Use
- $1,025,000
- Hospitality
- $1,175,000
- Educational
- $955,000
- Residential Income
- $1,125,000
- Energy
- $1,025,000
- Income-Based Land
- $1,110,000
- Food Service
- $1,070,000
Location Insight
- Map
- Local Demand
- City
- El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.051
- Latitude
- 34.0623
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA