Back to Search
Property profile & analytics
FOR LEASE
Retail space
8450 Garvey Ave Rosemead, CA 91770
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-7760494
For Lease
1 / 5
$7,595/Mo
8450 Garvey Ave, Rosemead, CA 91770
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
WOOD
Total area
21,174 SF
Lot
0.78 ac (33,827 SF)
Zoning code
RMP1*
APN
5283-003-029
UPID
US09-7760494
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rosemead Honest Electrical Services Electrical Service General Contractor
-
Dental Assistant 2:Dental Insurance Billing 3:Dental Treatment Coordinator 4:Dental Office Scheduler 5 Dental Office
-
Sáu Can Tho Vietnamese Kitchen Restaurant
-
Best One Restaurant Restaurant
-
CHApu TeaShoppe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.21M
Comparable Approach
Comparable
$4.91M
Blend (final)
Blend
$5.83M
Owner & transaction history
Garvey Commercial Center LLC · 11 yrs held
Garvey Commercial Center LLC
since 2014
7 recorded transactions
Zoning & alternative use
RMP1* · Rosemead, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.6M
+18.4%
Office building
$9.5M
+16.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rosemead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rosemead submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,810,000
6.5%
$7,205,000
7%
$6,690,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,130,000
Current use
MEDICAL BUILDING
$9,625,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$9,495,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,540,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$5.83M
Range $5.25M – $6.41M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$275 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$104,108
Tax year 2024
Assessed value
$8,201,444
Assessed 2024
Previous assessed
$8,201,444
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,992,840
Assessed improvement
$5,208,604
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1992
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
21,174 SF
Lot
0.78 ac (33,827 SF)
Zoning code
RMP1*
APN
5283-003-029
UPID
US09-7760494
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RMP1* · Rosemead, CAZoning RMP1* · permitted uses
RMP1* · Rosemead, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.1M
MEDICAL BUILDING
Est. value
$9.6M
OFFICE BUILDING
Est. value
$9.5M
COMMERCIAL (GENERAL)
Est. value
$6.5M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Garvey Commercial Center LLC
Entity
Mailing address
8450 GARVEY AVE, ROSEMEAD, CA 91770-2600
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
—
Garvey Commercial Center LLC
—
Deed
related
$2,125,000 · Jpmorgan Chase Bank NA
Dec 30, 2014
$6,960,500
Garvey Commercial Center LLC
The Thong Family Trust
Grant Deed
$2,861,000 · Pacific West Certified Development
May 6, 2004
—
Thong,tr
Lb Guam Opportunity LLC
Grant Deed
related
$2,600,000 · Pech Ngeurn
Dec 3, 2003
$400,000
Lb Gaum Opportunity LLC
LLC Partnership
Trustees Deed
related
—
Jul 14, 2000
—
LLC Partnership
—
Deed Of Trust
related
$1,500,000 · Fcb Taiwan California Bank
May 5, 2000
—
LLC
Chen,m T & G T
Grant Deed
related
—
—
—
Ming T Chen
—
Deed Of Trust
related
$200,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
