Property profile

8922 Beverly Blvd Pico Rivera, CA 90660

OFF-MARKET
Retail space
Property ID
US09-6444999
11,205 SF 0.57 ac lot Built 1954
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 8922 Beverly Blvd in Pico Rivera, CA 90660, presents a fantastic opportunity for retail or restaurant businesses. Situated at a busy intersection (Rosemead and Beverly Boulevards), this single-tenant space offers unparalleled visibility and accessibility. The unit boasts a newly installed roof, convenient front parking, and rear access for efficient operations. The property's prime location benefits from excellent traffic counts, significant pedestrian traffic throughout the day, and ample parking for customers. The plaza itself features a diverse range of businesses, and the property is directly across the street from established national brands like Norms and Starbucks, further enhancing its appeal and drawing in a steady stream of potential customers. The surrounding area demonstrates strong demographics, with an average household income within a two-mile radius exceeding $101,000. Daily traffic counts on the street reach 55,000 vehicles, ensuring consistent exposure to a large potential customer base. Flexible space options are available, ranging from 900 to 13,000 square feet, catering to a variety of business needs and expansion plans. A variety of signage options are also available to maximize brand visibility. This property offers a unique blend of convenience, visibility, and strong market demographics, making it an ideal location for a thriving business.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction TILT-UP CONCRETE
Total area 11,205 SF
Lot 0.57 ac (24,783 SF)
Zoning code PRCG*
APN 5272-023-032
UPID US09-6444999

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Grocery & Convenience Store Food Market
  • Take-out & Catering Butcher
  • Accounting Firm Tax Preparation

Location

8922 Beverly Blvd Pico Rivera, CA 90660-1900
Pico Rivera metro Census 500600 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$325k

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2013
Price N/A
2013
Price N/A
2012
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

PRCG* · Pico Rivera, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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