Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Toner Cartridge Supplier
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(Bike/Boat/Book/etc) Store
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Travel Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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