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    6266 Rosemead Blvd Temple City, CA 91780

    Sponsored
    For Sale
    $300,000

    High-profit potential, established smoke shop

    Property size:
    2,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Prime Temple City location, this 2,600 sq ft smoke shop presents a lucrative investment opportunity. Currently generating $40,000 monthly gross revenue, projections indicate at least doubling within 12-18 months due to nearby apartment complex renovations nearing completion. The business, established in 2018, boasts a Class C building with a modified lease (3 years remaining) and includes all inventory. Located on a high-traffic corner (Rosemead Blvd & Longden Ave), it benefits from approximately 40,000 cars daily. The asking price is $300,000, with a 50% cap rate. Expenses include $3,852 monthly rent, $155 for internet/security, and $300 for electricity. The property features five units and is currently vacant, offering immediate occupancy. This is the only licensed smoke shop in Temple City, making it a unique and highly desirable business acquisition. The APN is 5384005001.

    Property Features for 6266 Rosemead Blvd

    General Information

    Property type
    Investment properties
    Square Feet
    2,600 SF
    Class
    C

    Building Details

    Year Built
    2018
    Units
    5

    HighLights

    • Strong historical performance: Prior to nearby apartment complex renovations, the business generated $70,000 in monthly gross sales.
    • Current performance and upside: Current monthly gross sales are $40,000, poised for significant growth as the adjacent apartment complex nears completion and re‑leasing.
    • Projected growth: Gross income is projected to double within the next 12‑18 months.
    • Attractive lease terms: Monthly rent is $3,852.
    • Low operating costs: Monthly utilities total $455 (internet/security and electric); gas is not applicable.
    • Owner‑operator business: The business is currently owner‑operated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aink Toner Cartridge Supplier OG Smoke Shop Tobacco Shop china asia travel ... Travel Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple City
    County
    Los Angeles
    State
    California
    Longitude
    -118.0731847
    Latitude
    34.1132692

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    FAQs

    What type of property is this?
    Investment property - High-profit potential, established smoke shop
    Where is this investment property located?
    The property is located at 6266 Rosemead Blvd Temple City, CA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Strong historical performance: Prior to nearby apartment complex renovations, the business generated $70,000 in monthly gross sales.; Current performance and upside: Current monthly gross sales are $40,000, poised for significant growth as the adjacent apartment complex nears completion and re-leasing.; Projected growth: Gross income is projected to double within the next 12-18 months.
    Request Owner's contact information
    6266 Rosemead Blvd Temple City, CA 91780
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6266 Rosemead Blvd Temple City, CA 91780
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