874 N Garfield Avenue,  Montebello CA, 90640 (Commercial)

Status: Active
MLS#: AR16163472
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Last Updated: 12/5/2016 2:27 AM
Description for 874 N Garfield Avenue Montebello, CA 90640
5 Beautiful RETAIL/OFFICE UNITS. Busy location, Near 60 FWY/GARFIELD AVE. Close to Golf course and HILTON HOTEL. 2 Back units facing shopping center BUILT IN 1989 (1394 SQ. FT. TOTAL), 3 Units facing busy street of GARFIELD AVE. (EACH 1000 SQ. FT.), 2 of the units have new central air (only couple years old) and the others go through scheduled maintenance and work great! HUGE parking shared with Adjoined businesses. With purchase comes 8.33% PROPERTY OWNERSHIP OF EAST WEST BANK BUILDING. NO ASSOCIATION FEES, Association is self sustained with EXTRA INCOME from outside business rentals of parking lot. Profits generated by extra income from parking lot rentals and EAST WEST BANK rent is dispersed accordingly to ownership percentage.
Price
$1,288,000
Los Angeles
AR16163472
Active
Description
5 Beautiful RETAIL/OFFICE UNITS. Busy location, Near 60 FWY/GARFIELD AVE. Close to Golf course and HILTON HOTEL. 2 Back units facing shopping center BUILT IN 1989 (1394 SQ. FT. TOTAL), 3 Units facing busy street of GARFIELD AVE. (EACH 1000 SQ. FT.), 2 of the units have new central air (only couple years old) and the others go through scheduled maintenance and work great! HUGE parking shared with Adjoined businesses. With purchase comes 8.33% PROPERTY OWNERSHIP OF EAST WEST BANK BUILDING. NO ASSOCIATION FEES, Association is self sustained with EXTRA INCOME from outside business rentals of parking lot. Profits generated by extra income from parking lot rentals and EAST WEST BANK rent is dispersed accordingly to ownership percentage.
Listing Information
Property Type: General Commercial, Other
1951
Neighborhood
Room Information
Exterior / Lot Features
None
Driving Directions
Cross Streets: Via Campo/ 60 Fwy
Financial Considerations
5268001009
Listing Price History

Montebello Real Estate

Montebello is located in California. Montebello, California 90640 has a population of 62,697.

The median household income in Montebello, California 90640 is $50,581. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Montebello 90640 is 34.2 years.

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Courtesy: New Century Eddie Hsu
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