610 Garvey Ave Monterey Park, CA 91755-1911
- Turn key restaurants
- 1,260 SF
- 0.14 lot acres
Sep 17, 2024
Current Use by Public Records
- 艺小串（哈尔滨啤酒） / Chinese Restaurant / Restaurant
- Yi Kebab Bar / Chinese Restaurant / Restaurant
Property Details for 610 Garvey Ave
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.14 lot acres
- Property size
- 1,260 SF
- Zone code
- MPCM*
- Property type
- Turn key restaurants
- APN
- 5259-016-052
- APU
- 5259016052
Description
This 1,260 square foot freestanding restaurant, built in 1981, is located at 610 E Garvey Ave, Monterey Park, CA 91755, in Los Angeles County. Priced at $1,250,000 ($992.06/sq ft), it sits on a 5,948 sq ft lot and offers an owner/user investment opportunity with an occupancy date of February 1, 2025. The property features a fully equipped kitchen with a hood system, a permitted patio area, ample on-site parking, and excellent visibility from a high-traffic location. A large building sign enhances visibility, and the property includes an existing Type 41 liquor license (beer and wine). This turnkey operation is ideal for an established restaurant seeking expansion in the San Gabriel Valley, benefiting from a busy trade area and significant potential for growth. The single-story building provides a spacious and functional layout for restaurant operations.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monterey Park
- County
- Los Angeles
- State
- California
- Longitude
- -118.114
- Latitude
- 34.0623
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
