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11143 Garvey Ave

COMMERCIAL

$1,100,000

Property Description

Prime location ~ Situated at the highly sought-after Garvey Ave and Peck Road, nestles a 5,406 SQFT lot 2-story Building. The 3,440 SQFT building also features high ceiling with exceptional signage visage, 2 individual entrances, fully gated, 8+ Parking. This unique building can be divided into 2 section: the retail store front comprises of 2,440 SQFT along with a huge showroom, 2 offices and restroom; the back section features a 1,000 SQFT 2-story building with its own separate entrance! Ideal for Retail, Professional and Medical Office Building. The possibility is endless! The City of El Monte, a land of economic growth, with Billion Dollar Projects underway on Garvey Blvd, this specific location hoists great opportunities for future development. surrounding national developments include: new plans for Plaza, Shopping, Professional Office Buildings and Restaurants, and the plan of a new Metro Gold-Line will have four stations in El Monte. The warehouse is currently tenant occupied as Mike's Printing Company for Printing & General Merchandise retail, monthly rent at $3,300, lease expiring on



Units

Lot Size

5406

Levels

1

Bathrooms

Built Year

1949

MLS Number

AR23123076

Sqft

3440

Garage Cars

8

Main Location

El Monte, CA

About 11143 Garvey Ave , El Monte 91733

Directions:On Garvey between Peck Road & Tyler Ave

General Description

Property Type

Commercial Sale

Property Sub Type

Warehouse

Parcel #

8566008007

List Price

$1,100,000

Original Price

$1,100,000

Days On Market

0

Building SqFt

3440

Lot SqFt

5,406

Lot Acres

0.1241

Year Built

1949

Special Listing Conditions

Standard

Stories Total

1

Current Use

Commercial

Entry Level

1

Building Status

Existing

Occupancy

Occupied

$/SqFt

$319.77

County

Los Angeles

Cooling YN

Yes

Heating YN

Yes

Fencing

Wrought Iron

Building Details

Heating

Central

Laundry

None

Industrial Type

Warehouse/Distribution, Warehouse/Office

Lot Features

0-1 Unit/Acre

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Source

Public

Land

Land Use

Industrial, Office, Retail

Lot Dimensions

50 x 110

Zoning

EMC3

Terms

Listing Terms

1031 Exchange, Cash, Cash to New Loan

Land Lease

No

Owner / Tenant

Number Of Units Leased

1

Anchors Co Tenants

Mike's Printing Company

Financial

Assessment & Tax

Assessment Year

2022

2021

2020

Assessed Value - Total

$590,103

$578,534

$572,603

Assessed Value - Land

$501,981

$492,139

$487,093

Assessed Value - Improved

$88,122

$86,395

$85,510

YOY Change ($)

$11,569

$5,931

YOY Change (%)

2%

1%

Tax Year

2022

2021

2020

Total Tax

$8,192.06

$8,299.34

$8,274.84

YOY Change ($)

-$107

$24

YOY Change (%)

-1%

0%

Pasadena, 91101Danny HyState License #: 01917877Cell Phone: 626-831-2709Keller Williams RealtyState License #: 01444805199 S. Los Robles Ave. #130

Open House Dates

N/A

Back to:

Danny Hy

Realtor # 01917877

Keller Williams Realty

Phone

+1 (626)-831-2709

Email

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