Map of Property

482 N Garfield Ave

For Sale

482 N Garfield Ave, Montebello, CA 90640

This Montebello property for sale is located at 482 N Garfield Ave. The current listed sale price for 482 N Garfield Ave is $5,800,000. 482 N Garfield Ave is situated on a lot that is 1.04 acre in size.

Contacts

broker

Armando Aguirre

Legendary Commercial Real Estate

(213) 926-5595

broker

Sheretta Morris

Legendary Commercial Real Estate

(213) 842-2670

Property Details

  • Property Type Retail
  • Property Size 23,595 SF
  • Lot Size 1.04 Acre
  • Year Built 1952
  • Date Updated Apr 18, 2024

Current Cap Rate at 27.5% Occupancy and Low Rent 2.5%

Proforma Cap Rate $552,123 9.5%

Projected Annual Rent $552,123 / $1.95 PSF NNN

Legendary Commercial Real Estate is pleased to exclusively represent For Lease or For Sale 482 N. Garfield Avenue in the City of Montebello, CA. The property is a single-story, ±23,595 Sq. Ft. building located on a ±45,153 Sq. Ft. ±1.04 acres, MNR3 zoned lot. The property was built in 1964 and remodeled in 2022 for a Charter High School and contains two buildings and 32 car parking spaces. The MNR3* zoning of the property allows for future Multi-Family Apartment Residential Development, or it can continue to be used by a Retail, Medical or Office User who buys or leases the property. The property is situated at the signalized intersections of N. Garfield Avenue and N. Hay Street with a combined traffic count of ±29,635 cars per day.

 

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Getting around

  • 82/100

    Walk Score ®

  • 52/100

    Bike Score ®

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Location

  • City Montebello, CA
  • Neighborhood Montebello
  • Zip Code 90640
  • Market Los Angeles

Points of Interest

  • Montebello/Commerce

    0.99 miles

  • Atlantic

    1.54 miles

  • East Los Angeles Civic Center

    1.86 miles

  • Commerce

    2.12 miles

  • Maravilla

    2.21 miles

  • Indiana

    3.53 miles

  • Cal State LA

    3.58 miles

  • Soto

    4.71 miles

  • Soto Station

    4.72 miles

  • Mariachi Plaza

    5.28 miles

  • Arco

    0.14 miles

  • Chevron

    0.18 miles

  • Arco

    0.97 miles

  • Chevron

    0.99 miles

  • Chevron

    1.18 miles

  • 76

    1.42 miles

  • Shell

    1.46 miles

  • Mobil

    1.46 miles

  • 76

    1.48 miles

  • Chevron

    1.55 miles

  • Employee Parking

    1.29 miles

  • Park and Ride

    1.44 miles

  • Metro Park and Ride

    1.47 miles

  • The Citidel Outlet Mall Overflow Parking

    1.50 miles

  • VIP Parking

    1.54 miles

  • Valet Parking

    1.67 miles

  • Metro Park and Ride

    2.25 miles

  • Metro Bicycle Lot

    2.27 miles

  • Metro Park and Ride

    3.53 miles

  • Electric Vehicle Parking / Charging

    3.60 miles

  • Jack in the Box

    0.39 miles

  • Kalaveras

    0.82 miles

  • J & S

    0.84 miles

  • Jack in the Box

    0.88 miles

  • McDonald's

    1.02 miles

  • Taqueria Don Lencho #1

    1.11 miles

  • Arry's

    1.39 miles

  • El Pollo Loco

    1.41 miles

  • Chipotle

    1.43 miles

  • IHOP

    1.47 miles

  • Smart & Final

    0.88 miles

  • Superior Grocers

    1.35 miles

  • Ralphs

    1.37 miles

  • 600-662

    1.39 miles

  • Vons

    1.55 miles

  • Big Lots

    2.42 miles

  • Food 4 Less

    2.86 miles

  • Walmart Supercenter

    2.89 miles

  • JCPenney

    2.92 miles

  • T.S. Emporium

    2.97 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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