10004 Garvey AveEl Monte, CA 91733

  • Industrial properties
  • 9,000 SF
For Sale
$3,790,000 View listing

Property Details for 10004 Garvey Ave

Year built
1946
Construction
TILT-UP CONCRETE
Lot size
0.44 AC
Property size (Sq ft)
9,000 SF
Zone code
EMC3-M1*
Property type
Industrial properties
Property subtype
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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,760,388
    Hospitality
    $2,528,500
    Educational
    $2,103,683
    Medical
    $2,176,032
    Retail
    $3,272,395
10004 Garvey Ave, El Monte, California
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Location Insight

City
El Monte
County
Los Angeles
State
California
Latitude
34.0623
Longitude
-118.051
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,360
$759,813
$444,131
$1,203,944
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