Description for
86238629 E GarveyRosemead, CA 91770
Rare find mixed-used investment property in City of Rosemead. Property on the very busy Garvey Ave. APN#5289-004-036 is being used as automobile related services (a recession proof business in the area), around 9360 SF building with 7 units, lot size around 23,768 SF. APN#5289-004-035 is being used as commercial retail/office, around 5620 SF building with 3 units, lot size around 21,921 SF. Excellent visibility, stable and long term tenants in a high demand rental area, fully leased, generating good income ($280,000 annual). 2 lots need to be sold together, total around 14,980 SF building and 45,689 SF lot, with 60 parking spaces. Property has great upside and redevelopment potential, verify with City. Information deemed reliable but not guaranteed. Ask listing agent for marketing package.
Price
$3,889,000
Los Angeles
324344
Active
Description
Rare find mixed-used investment property in City of Rosemead. Property on the very busy Garvey Ave. APN#5289-004-036 is being used as automobile related services (a recession proof business in the area), around 9360 SF building with 7 units, lot size around 23,768 SF. APN#5289-004-035 is being used as commercial retail/office, around 5620 SF building with 3 units, lot size around 21,921 SF. Excellent visibility, stable and long term tenants in a high demand rental area, fully leased, generating good income ($280,000 annual). 2 lots need to be sold together, total around 14,980 SF building and 45,689 SF lot, with 60 parking spaces. Property has great upside and redevelopment potential, verify with City. Information deemed reliable but not guaranteed. Ask listing agent for marketing package.
Listing Information
Property Type: General Commercial
1.05 Acres
1984
1
Neighborhood
Room Information
Exterior / Lot Features
60 Parking Spaces
None
Listing Price History
Rosemead Real Estate
Rosemead is located in California.
Rosemead, California 91770 has a population of
53,764.
The median household income in Rosemead, California 91770 is
$44,352.
The median household income for the surrounding county is $52,874
compared to the national median of $50,935.
The median age of people living in Rosemead 91770 is
38 years.
This information is gathered from public record data.
This information is gathered from public record data.