8464 Garvey Ave - Specialty FOR SALE


Rosemead, CA 91770- Garvey
$2,375,000 USD
909-499-2078
8464 Garvey Ave, Rosemead, CA for Sale
$2,375,000 USD
Specialty - FOR SALE
1/14
null | Request Cap Rate

NEW


8464 Garvey Ave
Rosemead, CA 91770
Garvey


HIGHLIGHTS

  • Premier mixed-use development opportunity with an existing office and contractor yard
  • Approximately 27,840 SF lots,approximately 1,301 SF office building, 624 SF enclosed storage, and 1,612 SF covered work area
  • Medium commercial zoning district with a Industrial/Residential/Commercial Mixed-Use Development Overlay and Design Overlay
  • Prime location in the heart of Rosemead City. Value in Land.
  • Four contiguous parcels with excellent street frontage, outstanding visibility
  • Surrounded by established residential neighborhoods, retail centers, restaurants, and new mixed-use developments

OVERVIEW

Value in Land!!! Premier mixed-use development opportunity with an existing office and contractor yard, allowing immediate owner-user occupancy while preserving long-term redevelopment potential. Rare opportunity to acquire approximately 27,840 SF (0.64 Acres) of prime commercial land in the heart of Rosemead along the highly traveled Garvey Avenue corridor. The property consists of four contiguous parcels (APNs: 5283-003-002, 5283-003-003, 5283-003-004 & 5283-003-005) with excellent street frontage, outstanding visibility, and exceptional redevelopment potential. The site is improved with an an approximately 1,301 SF concrete block office building, 624 SF enclosed storage building, and 1,612 SF covered work area, , together with a large fully fenced and gated yard, making it ideal for immediate owner-user occupancy while preserving long-term development potential. The property is zoned C-3 (RC-MUDO) (D-O),per Appraisal report, a medium commercial zoning district with a Residential/Commercial Mixed-Use Development Overlay and Design Overlay. This flexible zoning may accommodate a wide variety of commercial, mixed-use, retail, office, residential, and redevelopment opportunities, subject to City approval. Strategically located in one of the San Gabriel Valley's most desirable infill markets, the property offers convenient access to Interstate 10, State Route 60, Interstate 605, and Interstate 710, providing outstanding regional connectivity. Surrounded by established residential neighborhoods, retail centers, restaurants, and new mixed-use developments, this is one of the few remaining redevelopment sites of its size in Rosemead. Whether you are a developer seeking a mixed-use project, an owner-user looking for a secure yard with office and warehouse improvements, or a long-term investor pursuing land appreciation, this property offers exceptional flexibility and upside potential.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$1,909 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

8464 Garvey Ave Rosemead CA 91770

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

undefined, Storefront Retail/Residential, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

RMM1*

APN/PARCEL ID

5283-003-002,5283-003-003,5283-003-004,5283-003-005

ASK ABOUT THIS PROPERTY

Steven ChengRe/Max ChampionsMore Info
909-499-2078

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Steven ChengRe/Max ChampionsMore Info
909-499-2078

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