We are pleased to present the offering of 10004 Garvey Ave in the city of El Monte. The asset consists of a 9000 square foot building, and approximately 23,794 square feet of land. The building construction is masonry with bow trust ceiling, originally built as a movie theater in 1942. The building has a small mezzanine space for office storage use. The property has 125 feet of frontage on Garvey and 190 feet of frontage on Merced Ave. There are two ingress and egress points on Merced Ave and one on Garvey. The property included a billboard that is not encumbered, allowing the immediate income. The zoning for the property is mixed/multi use. With this zoning it gives the investor multiple uses and option to redevelop. The traffic counts are over 30,000 cars per day, this will benefit the new investor to attract numerous tenants.
AR24043319
Retail, Business Opportunities, 1 Story
Los Angeles
1942
0.5462
Acres
Public
1
9,000
Sq. Ft.
Cable Connected,Electricity Connected,Natural Gas Available,Phone Connected,Sewer Connected
1 Total
Detailed Room Information
- Laundry
- None
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Fence
- Wrought Iron
- Additional Exterior/Lot Features
- 0-1 Unit/Acre,Level,Near Public Transit.
Financial Considerations
8103032011
Cash to New Loan
Arrows indicate 90 day trend
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