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    3223 Del Mar Ave Rosemead, CA 91770-2401
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    Property profile & analytics

    3223 Del Mar Ave, Rosemead, CA 91770-2401

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    • Office buildings
    • 6,484 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Sep 17, 2024
    $2,500,000
    Property ID
    US09-7361994
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,495,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Covered California Certified Agent / Insurance Agency
    • Fulcrum Insurance Center / Insurance Agency
    • Wenjie Xie / Alternative Medicine Practice / Acupuncture
    • Del Mar Health Clinic, A professional acupuncture corporation / Alternative Medicine Practice / Acupuncture
    • Zhichao Xie / Alternative Medicine Practice / Acupuncture

    Property Details for 3223 Del Mar Ave

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Zone code
    RMC3*
    Property type
    Office buildings
    APN
    5286-029-024
    APU
    5286029024

    Description

    This exceptional two-story, 6,484 square foot office building, located at 3223 Del Mar Ave in Rosemead, CA 91770, presents a compelling investment opportunity. Built in 1991, this Class C property sits on a 12,128 square foot lot (APN 5286-029-024) and is currently 100% occupied, offering immediate cash flow. The building is zoned RMC3* and features a multi-tenant configuration. The asking price is $2,700,000, translating to $416.41 per square foot. Its convenient location offers easy access to major freeways (Interstate 10 and State Route 60), providing seamless commutes to downtown Los Angeles and other Southern California cities. Public transportation is readily available. The property benefits from proximity to a vibrant array of dining and shopping options on Valley Boulevard, including Asian cuisine and specialty shops, as well as the Shops at Montebello. Nearby educational institutions include Rosemead High School, Muscatel Middle School, California State University, Los Angeles (CSULA), and Pasadena City College. Recreational opportunities abound with the Whittier Narrows Recreation Area, Rosemead Park, and Garvey Ranch Park all within reach. Furthermore, convenient access to healthcare facilities like Garvey Medical Center and Alhambra Hospital Medical Center, and cultural attractions such as the San Gabriel Mission, enhance the property's appeal. This fully occupied building represents a strong investment in a desirable and well-connected location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,520,000
      6.5%
      $2,325,000
      7%
      $2,160,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,658,000
      Market price range: $1.55M - $4.80M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,910,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,945,000
      Change: +36% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,000,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $2,945,000
      Change: +1% Conversion: Easy
      RETAIL STORES
      $2,490,000
      Change: -14% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rosemead
    County
    Los Angeles
    State
    California
    Longitude
    -118.1
    Latitude
    34.0669
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,373
    $822,382
    $757,061
    $1,579,443
    -
    $0.00
    $0.00
    $0.00
    More about this property
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