First time on markets. Fantastic mixed-use property located at a prime location in Monterey Park, CA. 849 E Garvey AVe consists of Jim’s VW Auto (May be able to go with SBA-loan. Seller winding down business). Property will be vacated at close of escrow. This property can may also be redeveloped as mixed use. Buyer to verify all details. Phase I and Phase II completed (all cleared). Tax records show building size 952sf, lot area 12,514sf. Daily vehicles per day 28,000 vpd. Also ideal for small use card dealerships.
May be sold together with 825 E Garvey Ave (Ted’s Liquor and 9-unit apartment), currently for sale at $3.2 million.
City of Monterey Park Voted #3 in the U.S. by Time Inc' s Money Magazine Best Places to Live 2017 !!! A suburb 8 miles east of Downtown LA, Monterey Park is a transportation hub between the 10, 60, and 710 freeways; an educational hub with a great school district and higher learning institutions like USC, Caltech, and Cal State LA nearby; a cultural hub with a diverse community.
Total population of , which has changed by % since 1990.
The median age of the population is , while the median
age of dwellings is .
Out of households, are families.