5207 Peck RdEl Monte, CA 91732

Property Details for 5207 Peck Rd

Year built

1959

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

1,902 SF

Zone code

EMC2*

Property type

Retail properties

Property subtype

Retail space

APN

8538-014-023

APU

8538014023

Description

This exceptional retail property at 5207 Peck Road, El Monte, CA 91732, presents a compelling investment opportunity. The 9,474 square foot lot houses a 1,902 square foot, single-story building, ideally suited for owner-users. Built in 1960, this Class C property boasts high visibility on a major thoroughfare, Peck Road, a four-lane corridor experiencing significant commercial and residential growth. The building features a reception area, six rooms, three bathrooms, a lunch area, and convenient service entrance doors. Nine parking spaces are available. The property is zoned R3 C2 and offers a unique blend of accessibility and high-traffic exposure. The asking price is $980,000, translating to $103.44 per square foot. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property's location at the corner of Peck Road and Hemlock Street provides exceptional visibility and accessibility within a thriving commercial area. The City of El Monte has seen over one billion dollars in recent commercial and residential investment, indicating a strong and growing market. This presents a rare chance to acquire a well-positioned retail space in a dynamic and rapidly developing area. The property's features, combined with its strategic location and the city's robust growth trajectory, make it an ideal investment for owner-users or savvy investors. The APN is 8538-014-023.

• CAP approach

  CAP return

  Valuation

  6%

  $749,197

  6.5%

  $691,566

  7%

  $642,169

• Comparable approach

  Method

  Valuation

  Relative Method

  $907,649

  Geo Method

  $911,444

• Alternative Use

  Use

  Valuation

  Residential

  $583,362

  Hospitality

  $534,356

  Educational

  $444,578

  Medical

  $459,868

  Retail

  $691,566

Location Insight

City

El Monte

County

Los Angeles

State

California

Latitude

34.097

Longitude

-118.012

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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