$1,880,000 SALE
Retail
1480 Monterey Pass Road
Monterey Park, CA 91754 US



Priced almost for land value! Great for future development for owner user. Value-added opportunity! Rent is way below the market, some of the rent is lower than the warehouse rent. Great upside potential. Good Monterey Park location, lots of the development nearby. The city code indicated FAR is 65%. The title shows zoning is C-4. Only 5 units, easy to management. Newly paved parking lot. Please check with the City for develop into mix office and retails for partially owner uses. Easy access to 1-710, Atlantic Blvd and Garvey. Just by L.A. Corporate Center. One of the lowest entry-level investment in the area. Drive-by only, do not disturb business or tenants. "There are 6 Retail Stores . 100% occupied. Tenants include a Liquor Store, one restaurant, laundromat...etc. First time on the market in 30 years. Sellers are retiring.".


Property Type Retail
Property Use Rental or Investment
Listing ID HJZ6DK
MLS ID WS19241130
Style Other Style
Area Description

Area Description: None.

Area Demographics