9040 Vly Blvd Rosemead, CA 91770-1918

Property Details for 9040 Vly Blvd

Year built

1955

Construction

WOOD

Lot size

0.11 lot acres

Property size

3,650 SF

Zone code

RMCBD*

Property type

Retail space

APN

8594-001-009

APU

8594001009

Description

This exceptional Rosemead retail investment opportunity encompasses a 4,610 square foot building situated on a 0.25-acre lot at 9040 Valley Boulevard. The property comprises four individual retail/business units, each equipped with its own separate air conditioning, electric, gas, and water meters, offering tenants maximum independence and control. Ample parking is provided, accommodating approximately 15 vehicles. The property's strategic location offers significant advantages. It's situated just a few hundred feet from The Grocery Outlet Supermarket, benefiting from the high foot traffic generated by this established anchor tenant. Furthermore, its proximity to the intersection of Valley Boulevard and Rosemead Boulevard ensures excellent visibility and accessibility. A two-minute walk connects the property to this major intersection, placing it within easy reach of a diverse range of dining, shopping, and entertainment options. Convenient freeway access further enhances its appeal. Currently, the property's income stream is partially realized. One unit is owner-occupied, while two units operate under month-to-month leases, and one unit has five months remaining on its lease. The property is comprised of three separate Assessor's Parcel Numbers (APN). This presents a unique opportunity for an investor seeking a well-located, multi-unit retail property with potential for increased income generation. The asking price is $2,000,000.

Location Insight

City

Rosemead

County

Los Angeles

State

California

Longitude

-118.072

Latitude

34.0806

CBSA code

31080

CBSA name

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

Property Tax & Assessments