For Sale
$1,100,000

751 Atlantic BlvdMonterey Park, CA 91754

Monterey Park retail investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 751 S Atlantic Blvd in Monterey Park, CA 91754, presents a compelling investment opportunity. The 2,500 square foot building sits on a 6,014 square foot lot (APN 5253-002-024) and is zoned C4, offering versatility for various uses. Currently configured as three retail units with 67% occupancy and month-to-month leases, this presents an owner-user opportunity to occupy vacant space or the entire building. The property benefits from its prime location on a major thoroughfare, close to the 10 and 60 freeways, and surrounded by numerous retail establishments. Recent improvements include a new roof and a replaced HVAC unit. The asking price is $1,100,000 ($440/sq ft). Built in 1964, this Class C property offers significant potential for value appreciation through rent increases with existing tenants or by re-tenanting. Its strategic location and flexible zoning (C4, Monterey Park) make it suitable for a range of professional services (insurance, law, real estate, CPA), medical, or dental practices. This is a rare chance to acquire a well-situated commercial property in a thriving Los Angeles County market.

Highlights

  • 2,500 SF building on a 6,014 SF lot in Monterey Park, CA (APN 5253-002-024).
  • C4 zoning allows for versatile commercial uses.
  • Three retail units, 67% occupancy, month-to-month leases offer owner-user potential.
  • Prime location on S Atlantic Blvd, near freeways 10 & 60, surrounded by retail.
  • Recent improvements include a new roof and HVAC system.
  • Asking price: $1,100,000 ($440/SF).

Property Details for 751 Atlantic Blvd

Property type
Retail properties, Land
Square Feet
2,500 SF
Class
C
Year Built
1964
Units
3

Location Insight

City
Monterey Park
County
Los Angeles
State
California
Latitude
34.052856784541
Longitude
-118.13698636192
751 Atlantic Blvd, Monterey Park, California

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751 Atlantic Blvd
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