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$ 2,480,000
Est. payment | /mo
0.51 Acres Lot
$ 2,480,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26221307
HOA Y/N No
Year Built 1976
Lot Size 0.514 Acres
Property Sub-Type Mixed Use
Property Description
Prime commercial opportunity in Monterey Park. Situated at the high-traffic corner of S. Atlantic Blvd. and W. Newmark Ave., this property boasts build-in tenant demand, excellent visibility, and significant upside potential for rental revenues. The street-front retail offices offer both convenience and accessibility, including rear parking with 32 spaces and four detached garages. The owner also hired a licensed roofing contractor to re-roof the two story building in a thermoplastic polyolefin roofing system in April, 2026.
Location
State CA
County Los Angeles
Area 641 - Monterey Park
Zoning MPC2
Interior
Fireplace No
Laundry None
Building
Lot Description Corner Lot, Near Public Transit
Story 2
Water Public
Others
Tax ID 5257002052
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard, Trust
Listed by Kenneth Chao Clark & Associates 909-831-1347, DRE #01868476
NEARBY SCHOOL & BUSINESS