562-881-6695
490-498 N Garfield Ave, Montebello, CA for Sale
Office/Residential - FOR SALE
1/10
null | Request Cap Rate

490-498 N Garfield Ave
Montebello, CA 90640


HIGHLIGHTS

  • 100% Occupied Mixed-Use Property – Consisting of 2 Residential Units and 4 Commercial Units
  • Strong In-Place Cap Rate of 5.78% – Attractive current cash flow for investors
  • Value-Add Opportunity – Potential to increase NOI by converting existing Gross Leases to NNN or Modified Gross
  • Upside Through Expense Recovery – Opportunity to recapture operating expenses and improve long-term returns

OVERVIEW

ALL OFFERS CONSIDERED — Motivated Seller | Offer Deadline: June 19, 2026 Urban Real Estate is pleased to present 490–498 N. Garfield Ave., a fully occupied 8,350 SF mixed-use asset comprising 4 commercial units, 1 residential unit, and an additional bonus space, generating a current gross annual income of $184,800. This stabilized property offers diversified, day-one cash flow with meaningful upside potential through NNN lease conversion at rollover — all with zero lease-up risk. Serious buyers are encouraged to act quickly. The seller has removed the asking price and will review all offers — this is your chance to define value on a fully leased, income-producing asset. Offers are due by June 19, 2026. For rent roll, financials, or to schedule a showing, all inquiries are welcome.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R1M

APN/PARCEL ID

6343-005-034

ASK ABOUT THIS PROPERTY

David HongUrban Real EstateMore Info
562-881-6695

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David HongUrban Real EstateMore Info
562-881-6695

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