751 S Atlantic Blvd., Monterey Park, CA

Retail for Sale - $1,100,000 - 2,500 Sq. Ft. on 0.14 acres


Agent Info

Robert Ip
Coldwell Banker Realty

Property Info

CIMLS#1157829
Location
  751 S Atlantic Blvd.
  Monterey Park CA 91754
UpdatedApril 23rd, 2024
TypeRetail
Price$1,100,000
Building2,500 Sq. Ft.
Land0.14 acres

Property Description

For sale is a commercial building located on Atlantic Blvd just south of Garvey Ave. This is a rare opportunity to own a 2,500 square-foot

building on a parcel of 6,014 square feet per the county assessor in Monterey Park. Currently, the building is split into three units. The

property is ideally located on a main artery close to both the 10 and 60 freeways with many surrounding retail amenities.

This is a great owner-user opportunity. An owner can occupy the current vacant space or even the entire building as all tenants are on

month-to-month leases. The property is in the C-P (commercial –professional) zoning which allows for a variety of uses. This is perfect

for a professional service firm such as insurance, law office, real estate or CPA firm. It is also good for medical or dental use

depending upon how much space is occupied for that use.

This is also a great investment opportunity. An investor could add value to their property by raising rents with the current tenants and/or

re-tenanting the property and raising rents.


Financials



Similar Listings