This exceptional Rosemead property boasts 13,025 square feet on over one acre, offering significant development potential. Located on San Gabriel Boulevard in the FCMU Corridor, it benefits from high visibility and convenient access to major freeways (I-10, I-60, I-710, and I-605). The property includes 6,866 square feet of retail space currently leased to a furniture store since 2008, and a 6,159-square-foot auto repair shop. With approximately 395 feet of frontage, this prime location is ideal for mixed-use development, capitalizing on the high demand for such projects in the area. Several large developments are underway nearby, promising increased density and value. The property's strategic location and substantial size present a unique opportunity for investors and developers seeking high-return potential. Buyers are responsible for conducting their own due diligence, including verifying zoning and usage with the city. This is a rare chance to acquire a versatile property with existing income and substantial future growth potential.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,106,180
6.5%
$1,944,166
7%
$1,805,297
Comparable approach
Method
Valuation
Relative Method
$2,551,631
Geo Method
$2,562,300
Alternative Use
Use
Valuation
Residential
$1,639,977
Hospitality
$1,502,210
Educational
$1,249,821
Medical
$1,292,804
Retail
$1,944,166
Location Insight
City
Rosemead
County
Los Angeles
State
California
Latitude
34.066
Longitude
-118.09
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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