Two-Unit Retail
9423 Valley Boulevard, Rosemead, CA 91770
For Sale
$2,150,000
Occupied commercial space includes a market and restaurant with established lease commitments.
Property Size3,510 SF
Days on Market49
Property Features for 9423 Valley Boulevard
General Information
Standard status
Size
Property subtype
Occupancy
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Admac Real Estate & Dev. Inc.
Listed By:
Diana Chen-Hayashida · License #01006843
(626) 807-0628
Source:
Velocityrealtysd
Added: Sep 22
Changed: Nov 7
Last Checked: Nov 8 at 11:46AM
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 Admac Real Estate & Dev. Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit retail property at 9423 Valley Boulevard in Rosemead, California, is occupied by a market and a restaurant. The configuration offers two established commercial uses within one property, with lease terms in place for both occupants.
The restaurant has a 5-year lease, while the market has 1.5 years remaining on its lease. Constructed in 1983, the property presents an existing retail asset with both current occupancy and documented lease duration for prospective ownership review.
The restaurant has a 5-year lease, while the market has 1.5 years remaining on its lease. Constructed in 1983, the property presents an existing retail asset with both current occupancy and documented lease duration for prospective ownership review.
Key Highlights
- Two‑unit commercial retail property
- Currently occupied by a market and restaurant
- Restaurant has a 5‑year lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,204
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,080
$1.7M
Cap Rate 7%
$1,188,629
$1.2M
Cap Rate 9%
$924,489
$924.5K
Market Conditions
NOI Build-Up for 3,510 SF
Gross rent
$118.8K $33.84/SF
− Vacancy
−$7.8K −$2.23/SF
EGI
$110.9K $31.61/SF
− OpEx
−$27.7K −$7.90/SF
NOI
$83.2K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,664,080
Cap Rate 7%
$1,188,629
Cap Rate 9%
$924,489
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,204 @ 7.0% cap · market cap 3.87%
Second Best
Retail
$1.11M
$970.7K – $1.29M
NOI $77,657 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,547 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,254
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 46%
Hotels & Casinos 7%
Starbucks
Dining
14,858 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,506 visits/mo
0.3 miles
AutoZone
Shops & Services
4,653 visits/mo
0.3 miles
Jiffy Lube
Shops & Services
2,495 visits/mo
0.3 miles
Quality Inn
Hotels & Casinos
2,348 visits/mo
0.1 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
$712,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Los Angeles County, CA
Properties on Market for Retail space in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Occupied commercial space includes a market and restaurant with established lease commitments.
Where is this retail space located?
The property is located at 9423 Valley Boulevard Rosemead, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Two‑unit commercial retail property; Currently occupied by a market and restaurant; Restaurant has a 5‑year lease
