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Off Market
1/4

Garvey Ave @ San Gabriel Blvd
Rosemead, CA 91770


HIGHLIGHTS

  • Rare Large-Scale Development in a Central West San Gabriel Valley Location
  • High Identity Site on a Major Intersection
  • The Garvey Avenue Specific Plan Allows Flexible Land Uses
  • Opportunity to Design a Phased Development with Product Mix Variation

OVERVIEW

For Offering Memorandum: https://my.rcm1.com/handler/modern.aspx?pv=tK9yTMSlZxpRH2eUvydMOwgiXl8zX7f7vbq_qo8Duxc#_top The Property represents a rare large-scale, mixed-use development opportunity on ±4.75 gross acres at a premier location in the heart of West San Gabriel Valley. The Property’s development potential is ±621,000 SF with an estimated 380 units or more of multifamily housing and additional commercial space for a variety of uses. The Property may be considered a gateway catalyst site opportunity at the eastern node of the Garvey Avenue Specific Plan. A well-executed project should be able to become a trophy institutional asset that can be held for generations. The Property consists of six (6) contiguous parcels totaling ±207,127 square feet (±4.75 acres) of undeveloped land with an estimated ±168,878 square feet (±3.88 acres) of net developable land area. The Property has ±274 feet of frontage on San Gabriel Blvd. and ±275 feet on Garvey Ave. An existing mobile home park with an additional ±156,510 square feet (±3.59 acres) of land contiguous with the subject property may be assembled.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

CALL FOR OFFERS (STARTING JANUARY 1, 2024)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

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APN/PARCEL ID

5287-035-007,5287-035-012,5287-035-016,5287-035-017,5287-035-020,5287-035-021