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Property profile & analytics
OFF-MARKET Estimated value $4,820,000
Community centers

301 Garvey Ave Monterey Park, CA 91755-1771

13,519 SF 0.79 ac lot Built 2019
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8425576
Property summary
AI-generated overview

This exceptional commercial property, located at 301 E Garvey Ave, Monterey Park, CA 91755 (at the Northeast corner of Garvey and Nicholson Avenues), offers a unique opportunity for businesses seeking modern, versatile space. Built in 2020, Jade Plaza is a brand-new development ideally situated in Los Angeles County. The property features a mix of office and retail spaces, perfect for a variety of uses. Currently, there are two available suites ranging in size from 941 square feet to 1,882 square feet, providing flexibility for businesses of different scales. The building's design caters to a diverse tenant mix, originally envisioned to include restaurants, retail shops, mobile phone services, health product businesses, travel agencies, and financial services. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving commercial environment. The property is classified as General Office, Retail, and Restaurant space within a multi-tenant building. Lease rates are available upon request. Don't miss this chance to secure your space in this vibrant and modern commercial center. Inquire today to learn more about the available suites and lease terms.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2019
Construction WOOD
Total area 13,519 SF
Lot 0.79 ac (34,319 SF)
Zoning code MPC4*
APN 5255-018-021
UPID US09-8425576
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hyatt Day Spa Alternative Medicine Practice Spa & Massage Center
  • T-Mobile Authorized Retailer Telecommunications Service Data Center
  • 现代发廊Hyatt barber &beauty Hair Salon
  • 大斌家串串火锅 Restaurant
  • Golden Apple Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.93M
Comparable Approach Comparable
$6.22M
Blend (final) Blend
$4.82M
Owner & transaction history
Jade Plaza LLC · 13 yrs held
Jade Plaza LLC
since 2012
4 recorded transactions
2012
Price N/A
2012
Price N/A
1997
Price N/A
1969
Price N/A
Zoning & alternative use
MPC4* · Monterey Park, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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