This exceptional 4,226 square foot single-tenant property, located at 6730 Rosemead Boulevard in Pico Rivera, California, presents a unique investment opportunity. Situated on a sizable 31,000 square foot lot in Los Angeles County, zip code 90660, the building is currently vacant and ready for immediate occupancy. The property's versatile zoning allows for a variety of uses, including medical office, restaurant, or retail. Ample parking is available with 54 spaces provided for tenants and customers. The building's total square footage is 4,226 square feet, offering significant space for a variety of business needs. This prime location in Pico Rivera offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in a thriving community. The property is classified as Retail, Office, and Restaurant, providing flexibility for potential tenants. This single-tenant building presents a rare chance to establish a successful business in a desirable area. The property is ready for immediate development or lease, offering a blank canvas for a new venture. Interested parties are encouraged to explore the potential of this exceptional property.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,801,579
6.5%
$1,662,996
7%
$1,544,211
Comparable approach
Method
Valuation
Relative Method
$2,044,281
Geo Method
$2,044,281
Alternative Use
Use
Valuation
Residential
$1,402,800
Hospitality
$1,284,957
Educational
$1,069,069
Medical
$1,105,836
Retail
$1,662,996
Location Insight
City
Pico Rivera
County
Los Angeles
State
California
Latitude
33.9836
Longitude
-118.096
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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