James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15
listing
1 of 15
CommercialFor Sale
$29,000,000
8479 Garvey Avenue
Rosemead, CA 91770
Listed by Kai Kyi DRE#01986720 [email protected] Wetrust Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$149,793/mo

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.

Get in touch
Information courtesy of Wetrust Realty is subject to verification and is not guaranteed.
Community / School Information