This commercial retail property, located in the heart of the Downtown El Monte District, was originally constructed in 1941 and benefits from its prime location, surrounded by key amenities such as Chase Bank, the County Courthouse, and a mix of regional and well-known national retailers. This makes it an attractive investment for those looking to capitalize on the vibrant El Monte business community. Conveniently situated behind the property is a city-owned public parking lot, ensuring ample parking space for both customers and tenants. The building currently houses long-standing retail tenants with active leases, providing a stable income stream.
The property is currently occupied, and showings are available exclusively to accepted offers.
PROPERTY HIGHLIGHTS
• 1,780 sqft of Prime Retail Space • Cap Rate - 6.93%
• Price/Unit - $950,000
• Price/SF - $533.71
• Zoning - EMC2*
LOCATION HIGHLIGHTS
• Strategically located in Los Angeles County
• Easy access to major freeways, including the I-10, I-605, and I-210
• The city’s thriving downtown area is experiencing significant growth, with new businesses and
residential developments enhancing its appeal to both residents and investors.