3156 San Gabriel BlvdRosemead, CA 91770

  • Auto shops
  • 5,347 SF
For Sale
$7,000,000 View listing

Property Details for 3156 San Gabriel Blvd

Year built
1954
Lot size
0.49 AC
Property size (Sq ft)
5,347 SF
Zone code
RMC3*
Property type
Auto shops
APN
5288-010-049
APU
5288010049

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,813
$983,664
$245,905
$1,229,569
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