Investment Highlights
The total building size is appr. 3.780 SF, which includes appr. 480 SF of enclosed patio. The total lot size is appr. 30,088 SF.
Sale price includes 10922 & 10928 Garvey Ave. (APN: 8104-005-034 & 8104-005-033, Mixed/MultiUse zoning) and vacant land (APN: 8104-005-039, R3 zoning)
Per the City of El Monte, the current zoning for APN: 8104-005-034 & 8104-005-033 is Mixed/MultiUse (MMU) and APN: 8104-005-039 is R3.
Two free standing commercial buildings on Garvey Ave. High traffic counts with steady stream of foot traffic.
Lot size for APN: 8104-005-034 is 19,138 SF. Lot size for APN: 8104-005-033 is 2,472 SF. Lot size for APN: 8104-005-039 is 8,478 SF. Total: 30,088 SF
Buyer shall verify with the City of El Monte regarding the zoning and development opportunity. The adjacent property, 2809 Nevada Ave. also for sale.
Executive Summary
The building size for 10922 Garvey Ave. is approximately 2,080 SF. The building size for 10928 Garvey Ave. is approximately 1,700 SF, which includes approximately 480 SF of enclosed patio. The total building size is approximately 3,780 SF. Prime investment or owner/user opportunity. Sale price includes 10922 & 10928 Garvey Ave. El Monte (APN: 8104-005-034 & 8104-005-033, Mixed/MultiUse zoning) and vacant land (APN: 8104-005-039, R3 zoning). Two free standing commercial buildings on Garvey Ave. High traffic counts with steady stream of foot traffic. Seller may carry a new 1st T.D. at 5.75% interest rate with a minimum of 50% down payment, monthly payment to be interest only, due in 5 years. The property is in the heart of San Gabriel Valley located in the highly desirable and dense El Monte. Lot size for APN: 8104-005-034 is 19,138 SF. Lot size for APN: 8104-005-033 is 2,472 SF. Lot size for APN: 8104-005-039 is 8,478 SF. Total land area is 30,088 SF. Per the City of El Monte, the current zoning for APN: 8104-005-034 & 8104-005-033 is Mixed/MultiUse (MMU) and APN: 8104-005-039 is R3. Buyer shall verify with the City of El Monte regarding the zoning and development opportunity. The adjacent property (3 units), 2809 Nevada Ave. El Monte also for sale at $850,000. Please contact the listing agent, David Lin, for more details.
