8479 Garvey Avenue
$29,000,000
—
36,076
36,076
$804
Description
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...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.
- Listed by Kai Kyi • DRE #01986720 • Brokerage DRE #02125613 • Wetrust Realty • 626-863-2200
- Listed by Kerry Mac • DRE #01962375 • Brokerage DRE #02125613 • Wetrust Realty
Property Details for 8479 Garvey Avenue
Total Units
42.0
Lot Size SourceAssessor
Building Area Total36076
Building Area UnitsSquare Feet
Stories Total5
Entry Level1
Parcel Number5288004067
AreaRosemead/S. San Gabriel (651)
LISTING UPDATED: 09/18/2024 08:48 AM
Property Details for 8479 Garvey Avenue
Status | Active |
---|---|
MLS # | AR24111558 |
Days on Market | 152 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 2018 |
Lot Size | 0.66 AC / 28,566 SF |
County | Los Angeles County |
Building Information for 8479 Garvey Avenue
Stories5Residences-Year Built2018Lot Size0.66 AC / 28,566 SF
Property Information for 8479 Garvey Avenue
Property History for 8479 Garvey Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8479 Garvey Avenue
Taxable ValueLand$1,715,000Additions$30,000Total$1,745,000
Tax Record2017$27,635 ($2,303 / month)
Home Facts
Total Finished SqFt916 SqFtAbove Grade Finished SqFt916 SqFtLot Size31,799 SqFtStyleOffice BuildingYear Built1928ZoningRMM1-CM*CountyLOS ANGELESAPN5288004045
Schools near 8479 Garvey Avenue
This home is within Garvey Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Willard (Frances E.) Elementary School PublicK to 6 | ||
Temple (Roger W.) Intermediate School Public7 to 8 | ||
San Gabriel High School Public9 to 12 | ||
Duff Language Magnet Academy PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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