Warehouse with Mezzanine
For Sale
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9031 Garvey Avenue, Rosemead, CA 91770
5,880 SF warehouse includes bonus covered, secure storage and a light-storage mezzanine on C-3 zoned land.
Property Size5,880 SF
Lot Size0.29 Acres
Price / SF$314.63
Days on Market112
Property Features for 9031 Garvey Avenue
General Information
Standard status
Active
Size
5,880 SF
Lot size
0.29 Acres
Property subtype
Industrial
Zoning
C-3 Medium Commercial
Listing Agency:
Stevenson Real Estate Services
Listed By:
Ole Olson · License #CA 01973001
(818) 294-0787
Source:
Crexi
Added: Jul 4
Changed: Oct 10
Last Checked: Oct 23 at 4:17AM
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 Stevenson Real Estate Services
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Investment Insights
Based on property information with market context.
This 5,880 square foot commercial warehouse includes bonus covered and secure storage, along with an additional mezzanine designed for light storage. The property is set up to support flexible storage needs within the existing building footprint.
The warehouse sits on approximately 12,771 square feet of C-3 zoned land, with plenty of parking area and/or yard space for on-site operations.
Overall, the improvements combine enclosed warehousing with dedicated covered/secured storage areas and a mezzanine component for lighter material handling.
The warehouse sits on approximately 12,771 square feet of C-3 zoned land, with plenty of parking area and/or yard space for on-site operations.
Overall, the improvements combine enclosed warehousing with dedicated covered/secured storage areas and a mezzanine component for lighter material handling.
Key Highlights
- 5,880 SF commercial building with a light‑storage mezzanine
- Includes bonus covered and secure storage areas
- Sits on approximately 12,771 SF of C‑3 zoned land
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,510
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,200
$1.5M
Cap Rate 7%
$1,093,000
$1.1M
Cap Rate 9%
$850,111
$850.1K
Market Conditions
NOI Build-Up for 5,880 SF
Gross rent
$94.6K $16.08/SF
− Vacancy
−$4.5K −$0.77/SF
EGI
$90.0K $15.31/SF
− OpEx
−$13.5K −$2.30/SF
NOI
$76.5K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,200
Cap Rate 7%
$1,093,000
Cap Rate 9%
$850,111
Alternative Uses
Best Use
Warehouse
$1.09M
$956.4K – $1.28M
NOI $76,510 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.15M
$2.75M – $3.67M
NOI $220,369 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Coast Machinery Movers — 2431 Chico Ave, South El Monte, CA 91733
- StorQuest Self Storage — 8659 Garvey Ave, Rosemead, CA 91770
Frequently Asked Questions
What type of property is this?
Warehouse - 5,880 SF warehouse includes bonus covered, secure storage and a light-storage mezzanine on C-3 zoned land.
Where is this warehouse located?
The property is located at 9031 Garvey Avenue Rosemead, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 5,880 SF commercial building with a light‑storage mezzanine; Includes bonus covered and secure storage areas; Sits on approximately 12,771 SF of C‑3 zoned land
