Lupita 4 Homes
Address
8951 Valley Boulevard Rosemead, CA
Price
$ 6,980,000
Property Attributes
  • MLS#WS19108273
  • TypeCommercial
  • CountyLOS ANGELES
  • CityRosemead
  • AreaRosemead-S. San Gabriel
  • Zip91770
  • StyleRetail
  • Price$ 6,980,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8363
Listing Provided Courtesy Of:
DORESA WANG with TREELINE REALTY.
Property Description

A rare find side by side double lots commercial property, located in one of the highest traffic counts signalized intersection in the heart of San Gabriel Valley. The sales price is for both lots. The property is extremely desirable for business owners, investors, and developers. Traffic signals on both Valley Blvd and Rosemead Blvd, the two arterial roads to connect surrounding cities, and freeway 10, 60, and 210. Overall daily traffic volume is 83,830 (2012 data). 8951-55 Valley Blvd has ±16,256 SF lot with a building of ±7,297 SF; 4017 Rosemead Blvd has ±7,089 SF lot with a building of ±1,066 SF. Two lots total are ± 23,345 sqft, frontage on Valley Blvd is ±130 feet, on Rosemead Blvd is ±180 feet. Zoned Central Business District, new building max. height can be 75 feet, ideal for various retail/office development. Currently has ± 8,363 sfqt retail space; 3 tenants in 8951-55 Valley Blvd -- 2 furniture stores and 1 crystal lighting store; 1 tenant in 4017 Rosemead Blvd -- a pets grooming store. All month to month tenancy, all tenants are renting in the far below market rates, pro forma could be $3/Month/SF. Demographics in 3 miles (median household income $57,131, college & up degrees 46%, white collar employment 59%). Located in Rosemead central commercial district, adjacent to Rosemead City Hall, library, and a community park; surrounding by banks, markets, restaurants, medical buildings, college, USPS, and many shops and services. Minutes away from Freeway 10 and 60.

Price History
5/11/2019 Listed $7,380,000
2/1/2020 6% - $6,980,000

General Features

Directions Cross of Rosemead Blvd
Listagentaor West San Gabriel Valley
Listing Agent DORESA WANG - BRE#01523172
Listing Agent State License 01523172
MLS Area 651 - Rosemead/S. San Gabriel
Price Per Square Foot 834.63
Property SubType Retail
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Standard
Total Units 4

Interior Features

Condo Area Unit Type Square Feet
Laundry Features None

Exterior Features

Building Area Total 8363.00
Land Use Office, Retail
Lot Size Source Assessor
Water Source See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91770

Price
AVG $880K
$6.98M
Visits
AVG 63
153
Year Built
AVG 1980
1956
Walkscore
AVG 74
84
Data Provided by Walkscore ® not using MLS data

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