112 N Chandler Avenue Monterey Park, CA ^$ 5,250,000

112 N Chandler Avenue

^$ 5,250,000

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112 N Chandler Avenue

Monterey Park, CA, 91754

^$ 5,250,000

Studio Baths0.0 Sq 7,376

Monthly Estimate*

^$ 36,673

Listed by Pinnacle Real Estate Group

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Studio

Commercial Property for sale in Monterey Park, CA

for $5,250,000. This 7,376 square foot building was built in 1986 on a lot size of 0.4618.

***PRIME LOCATION: This gem of a mixed-use commercial building is in the heart of Monterey Park. ***CONVENIENCES: Easy access to 10 fwy, 60 fwy and 710 fwy. ***HUGE POTENTIAL: Abundant space for building area (7,376 sqft) on a huge rectangular lot (20,118 sqft). ***RECENT UPGRADE: Fresh paints and new roofs with no hassle of maintenance. ***INVESTMENT HIGHLIGHTS: 100% Leased. 7 units but fully occupied by 5 long-existing tenants with no worry of stable income.

Commercial Active

Price

^$ 5,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.4618

Year Built

1986

Town/City

Monterey Park

County/Region

Los Angeles

MLS | Web ID

WS24069860

Days on Market

Features

General

Heating Central

Cooling CentralAir

Zoning MPR3

Year Built 1986

Property SubType MixedUse

Building Name T & T Plaza

County Los Angeles

Insurance Expense 5043.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Intersection of Garvey Ave and N Chandler Ave

City Monterey Park

View Y/N N

Senior Community Y/N N

Total Units 205713

MLS Area 641 - Monterey Park

Lot Size Square Feet 20118.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 7

Street Name Chandler

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 600.0

Home Warranty Y/N N

Current Financing None

Water Sewer Expense 2100.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 22

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional MixedUse

Expected Active Date 2024-04-10

Exterior

Fencing None

Lot Features Item610UnitsAcre RectangularLot

Water Source Public

Lot Size Area 20118.0

Number of Buildings 1

Spa N

Building Area Total 7376.0

Lot Dimensions 0.46 Acres

Lot Size Acres 0.4618

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 112

* Excluded Features

List By

Pinnacle Real Estate Group

Broker

(626) 888-9808

Phone

Affordability Calculator

$36,673

Per Month

Monthly Principal & Interest: $36,673
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Monterey Park, CA

Average List Price ^$2,595,989

Percent of Sale Price 51%

About Monterey Park, CA

61,934 Population

3% Since 2002

^$56,710 Median Income

43.9 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$5,250,000		Listed Price

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112 N Chandler Avenue, Monterey Park, CA, 91754 is a Commercial Property for sale at $5,250,000 with 7,376 sqft and a lot size of 0.4618. 112 N Chandler Avenue is a studio with 0.0 baths and was built in 1986. The property's zip code is 91754 which is in Monterey Park, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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112 N Chandler Avenue

Commercial Property for sale in Monterey Park, CA

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