Sale of Lee Avenue Property to Recover $2.5M Nuisance Abatement Debt
Monterey Park
Summary
The council unanimously authorized selling the city-owned South El Monte property to collect $2.5 million owed by Center Intl Investments from the 1688 West Garvey Avenue abatement case — money that will go back toward reserves and capital projects like the fire station and pool.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 20, 2026.
Impact analysis
The city recovers $2.5 million of the debt owed, returning funds to reserves for capital projects.
All city taxpayers — recovered funds shore up reserves for the fire station, pool and other capital needs.
Mentions & discussions (1)
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