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823 S Atlantic Blvd

7,000 SF Vacant Office Building Monterey Park, CA 91754 $3,256,000 ($465/SF)

Investment Highlights

  • Across from Monterey Park HOspital
  • 6,512 sq. ft. Dental/Medical Building on 14,998 sq. ft. lot
  • Newer roof (2019)
  • Current rental income below market
  • Walk to restaurants, shopping, banks, and Monterey Park Hospital
  • Easy access to 10 and 60 Freeways

Executive Summary

Available for sale or lease. First time on market since 1961. Across from Monterey Park Hospital. Great Owner/User or Investment property. Mid-century architecture built in 1961. 6,512 square foot dental/ medical building on 14,998 square foot lot. New roof (2019). Walk to restaurants, shopping, banks and Monterey Park Hospital. Easy access to 10 and 60 Freeways. Current rental income below market. 24 surface parking spaces.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,000 SF
Building Class
B
Year Built
1961
Price
$3,256,000
Price Per SF
$465
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,500 SF
Building FAR
0.47
Lot Size
0.34 AC
Zoning
MPC4*
Parking
25 Spaces (3.57 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 594
  • 1,531 SF
  • Office/Medical
  • Full Build-Out
  • Now

Available for sale or lease. First time on market since 1961. Across from Monterey Park Hospital. Great Owner/User or Investment property. Mid-century architecture built in 1961. 6,512 square foot dental/ medical building on 14,998 square foot lot. New roof (2019). Walk to restaurants, shopping, banks and Monterey Park Hospital. Easy access to 10 and 60 Freeways. Current rental income below market. 24 surface parking spaces.

Space Size Space Use Condition Available
1st Fl-Ste 594 1,531 SF Office/Medical Full Build-Out Now

1st Fl-Ste 594

Size
1,531 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 594

Size 1,531 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Available for sale or lease. First time on market since 1961. Across from Monterey Park Hospital. Great Owner/User or Investment property. Mid-century architecture built in 1961. 6,512 square foot dental/ medical building on 14,998 square foot lot. New roof (2019). Walk to restaurants, shopping, banks and Monterey Park Hospital. Easy access to 10 and 60 Freeways. Current rental income below market. 24 surface parking spaces.

Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5253-002-033
Land Assessment
$136,978
Improvements Assessment
$278,806
Total Assessment
$415,784
  • Listing ID: 30378483

  • Date on Market: 12/15/2023

  • Last Updated:

  • Address: 823 S Atlantic Blvd, Monterey Park, CA 91754

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