701 S Garfield Ave - Apartments FOR SALE


Monterey Park, CA 91754
$11,500,000 USD
626-653-6903
701 S Garfield Ave, Monterey Park, CA for Sale
$11,500,000 USD
Apartments - FOR SALE
1/9
null | 3.93% Cap Rate

701 S Garfield Ave
Monterey Park, CA 91754


HIGHLIGHTS

  • Prime rental location in Monterey Park with excellent street visibility
  • Four separate single-story bungalow-style buildings
  • On-site laundry facilities and security cameras in each building

OVERVIEW

The Woodside Apartments in Monterey Park, is a 40-unit apartment complex located at 701 South Garfield Ave in Monterey Park. Built in 1963, the complex features 4 single story buildings consisting of 36 one-bedroom / one-bathroom and 4 two bedroom / one bathroom units. This property is strategically situated near the 10, 60, and 710 freeways, ensuring easy access and high tenant demand. This is a rare opportunity for an investor who is looking for a value-add property.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$480 USD /SF

# OF UNITS

40

PRICE/UNIT

$287,500

CAP RATE

3.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodside Village

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

R3

APN/PARCEL ID

5263-008-005

ASK ABOUT THIS PROPERTY

Mike ChouThe Chou TeamMore Info
626-653-6903

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Mike ChouThe Chou TeamMore Info
626-653-6903

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.