Two-Unit Retail Storefront with
For Sale
$3,250,000
3200 3208 San Gabriel, Rosemead, CA 91770
Property includes two leased retail units and three attached garages for added storage.
Property Size7,470 SF
Price / SF$247.66
Days on Market62
Property Features for 3200 3208 San Gabriel
General Information
Standard status
Active
Size
7,470 SF
Property subtype
Industrial
Additional Details
Highway Access
Yes
Building Details
Building Size
7,470 SF
Year Built
1941
Units
2
Tenancy
Multi
Listing Agency:
SO. CAL REALTY & MORTGAGE
Listed By:
AMY XIA HO · License #01092530
(213) 880-4563
Source:
Elliman
Added: Jul 5
Changed: Sep 3
Last Checked: May 8 at 4:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SO. CAL REALTY & MORTGAGE
Investment Insights
Based on property information with market context.
This for-sale retail property in Rosemead offers two separate units across 2 separate lots, with 2 separate parcel numbers. Unit #3200 includes 10,104 square feet, including 5,850 square feet of shop space, and is leased to a long-term furniture tenant. Unit #3208 includes 3,019 square feet and includes 1,620 square feet of store space, and is leased to a retailer.
The building features three attached garages that can be used as additional storage. The property is located at 3200/3208 San Gabriel Blvd, with remarks noting strong visibility and high traffic exposure, as well as transport links to nearby highways and access to area amenities.
Overall, the configuration supports an owner who wants income from two existing retail tenants, along with extra storage capacity provided by the attached garages.
The building features three attached garages that can be used as additional storage. The property is located at 3200/3208 San Gabriel Blvd, with remarks noting strong visibility and high traffic exposure, as well as transport links to nearby highways and access to area amenities.
Overall, the configuration supports an owner who wants income from two existing retail tenants, along with extra storage capacity provided by the attached garages.
Key Highlights
- Commercial property built in 1941 with 13,123 sqft total building area on 2 separate lots and parcel numbers
- Unit #3200: 10,104 sqft including 5,850 sqft shop space leased to a long‑term furniture tenant
- Unit #3208: 3,019 sqft including 1,620 sqft store space leased to a retailer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$290,341
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,806,820
$5.8M
Cap Rate 7%
$4,147,729
$4.1M
Cap Rate 9%
$3,226,011
$3.2M
Market Conditions
NOI Build-Up for 13,123 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$444.1K $33.84/SF
− Vacancy
−$29.3K −$2.23/SF
EGI
$414.8K $31.61/SF
− OpEx
−$124.4K −$9.48/SF
NOI
$290.3K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,806,820
Cap Rate 7%
$4,147,729
Cap Rate 9%
$3,226,011
Alternative Uses
Best Use
Retail
$4.15M
$3.63M – $4.84M
NOI $290,341 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.03M
$6.15M – $8.20M
NOI $491,820 @ 7.0% cap · market cap 15.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 47%
Jack in the Box
Dining
9,453 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,249 visits/mo
0.3 miles
Demographics for 91770, CA
59,360
Population
17,704
Households
3.4
Avg Household Size
43
Median Age
23%
College-Educated
68%
High-School Grad
6.5 sq mi
ZIP Area
9,132
Density / Sq Mi
$73,757
Median Household Income
$35,286
Median Earnings
$1,740
Median Rent
$712,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Property includes two leased retail units and three attached garages for added storage.
Where is this storefront property located?
The property is located at 3200 3208 San Gabriel Rosemead, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Commercial property built in 1941 with 13,123 sqft total building area on 2 separate lots and parcel numbers; Unit #3200: 10,104 sqft including 5,850 sqft shop space leased to a long‑term furniture tenant; Unit #3208: 3,019 sqft including 1,620 sqft store space leased to a retailer
