Save
Ask
Tour
Hide
Share
$29,000,000
163 Days On Site

8479 Garvey Avenue
Rosemead, CA 91770

For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
36,076
SqFt
$804
/SqFt
2018
Built
County:
Los Angeles
Listed by Kai Kyi of Wetrust Realty [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 949.525.1125
Is this the home for you? We can help make it yours.
949.525.1125
8479 Garvey Avenue8479 Garvey Avenue8479 Garvey Avenue8479 Garvey Avenue
Save
Ask
Tour
Hide
Share

We are proud to present the Garvey168 Plaza, on the market for the first time! This property consists of two separate buildings zoned for commercial/residential mixed-use (Zone RMM1-CM) in the city of Rosemead, CA, located in the heart of the West San Gabriel Valley. The front building is located at 8479 Garvey, and the back building is at 3015 Willard Ave. Both properties fall under APN 5288-004-067.The lot size is 28,576 SF with a total rentable building area of 36,076 SF. Built in 2018 and situated at the corner of Garvey and Willard, this property boasts high visibility and accessibility, making it ideal for both businesses and residents.Garvey168 Plaza comprises a total of 42 units, 100% leased out, each unit with its own designated underground parking space, and additional common area parking for guests. This corner lot, with Garvey Frontage, is in close proximity to numerous restaurants, shopping malls, supermarkets, banks, schools, post office, and a golf course. The property offers excellent income potential and is fully occupied by well-established, stable tenants in both its commercial and residential units. The significant monthly rent roll collections present an excellent opportunity for growth in rental incomes. Detailed rent roll and lease terms are available upon request. Both buildings are secure, with a single main entrance for enhanced maintenance and safety. This mixed-use property includes a restaurant, a beauty salon, lofts, and multiple 1-2 bedroom units for residential leases. The location offers transportation and accessibility advantages, with close proximity to major freeways and numerous public transportation options. The buildings, constructed in 2018, feature contemporary architecture and up-to-date amenities that comply with current building standards. With stable, well-established tenants, ideal locations, and low CAM costs, this property is an attractive opportunity for multi-generational investment.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$29,000,000
Days On Site 
163 Days
Bedrooms 
N/A
Inside Area (SqFt) 
36,076 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6558 Acres
Year Built 
2018
MLS® Number 
AR24111558
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 months agoStatus changed to Active
5 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.6558
Number Of Stories 
5
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
36076
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Laundry Features 
Inside
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Corner Lot
Community Features
Financing Terms Available 
CashConventional
MLS Area 
651 - Rosemead/S. San Gabriel


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share