12060 Valley BlvdEl Monte, CA 91732

Property Details for 12060 Valley Blvd

Construction

WOOD

Lot size

0.47 AC

Property size (Sq ft)

4,762 SF

Zone code

EMC4*

Property type

Retail space

APN

8106-003-019

APU

8106003019

Description

This exceptional 1,167 square foot retail property, located at 12060 Valley Blvd in El Monte, California (zip code 91732), presents a fantastic investment opportunity. Built in 1938, this single-tenant space sits on a generous 23,430 square foot lot and is zoned C4. The property boasts 12 parking spaces, providing ample convenience for customers. Its previous use as a nail salon makes it ideally suited for a variety of retail businesses, including spas and pet grooming services. The property's location on Valley Boulevard offers excellent visibility and high traffic counts, ensuring significant exposure for your business. The large lot size also presents a great opportunity for signage, maximizing your marketing potential. This Class C property offers a unique blend of established character and high growth potential within a thriving market. The APN is 8106-003-019, 8106-003-021. Don't miss this chance to secure a prime retail location in a rapidly developing area of El Monte. This property is ready for immediate occupancy and offers a strong return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,983,270

  6.5%

  $1,830,711

  7%

  $1,699,946

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,418,846

  Geo Method

  $2,281,966

• Alternative Use

  Use

  Valuation

  Residential

  $1,544,273

  Hospitality

  $1,414,546

  Educational

  $1,176,886

  Medical

  $1,217,360

  Retail

  $1,830,711

Location Insight

City

El Monte

County

Los Angeles

State

California

Latitude

34.0616

Longitude

-118.018

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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