3314 Del Mar Ave Rosemead, CA 91770-2330
- Investment properties
- 1,777 SF
- 0.06 lot acres
Current Use by Public Records
- Commercial Cosemead 75 / Business Broker
Property Details for 3314 Del Mar Ave
- Year built
- 1924
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 1,777 SF
- Zone code
- RMC3*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5287-017-015
- APU
- 5287017015
Description
This exceptional mixed-use property, located at 3314 Del Mar Avenue in Rosemead, California, presents a unique investment opportunity. The 1,777 square foot building sits on a 0.06-acre lot and offers a versatile layout ideal for both business and residential use. Currently configured as a commercial storefront at the front and a 2-bedroom, 1-bathroom residence at the rear, the property allows for immediate income generation and flexible future development. Its convenient location, less than 600 feet from the 10 Freeway, ensures high visibility and accessibility. The RMC3 zoning provides considerable flexibility for future uses, allowing for a complete conversion to commercial space if desired. The property is priced at $1,210,000, and the seller is offering attractive financing options, including the possibility of carrying a note. This presents a compelling opportunity for owner-occupants or investors seeking a strong return on investment in a desirable location. All information should be independently verified by the buyer.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $395,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $405,000
- Mixed-Use
- $415,000
- Hospitality
- $360,000
- Educational
- $395,000
- Residential Income
- $315,000
- Energy
- $385,000
- Income-Based Land
- $400,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Rosemead
- County
- Los Angeles
- State
- California
- Longitude
- -118.099
- Latitude
- 34.0685
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA