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Property profile & analytics
OFF-MARKET
Estimated value
$5,365,000
Retail space
8966 Garvey Ave Rosemead, CA 91770-3324
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6433541
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
WOOD
Total area
17,745 SF
Lot
0.98 ac (42,534 SF)
Zoning code
RMMI*
APN
5282-010-030
UPID
US09-6433541
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 Center Business Service Center Corporate Office
-
Blue Diamond Travel & Tours Travel Agency Tour Operator
-
Union Travel Travel Agency
-
Union Professional Services Accounting Firm Tax Preparation
-
Mr. Tung Pham Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.07M
CAP Approach
CAP
$6.04M
Comparable Approach
Comparable
$7.17M
Blend (final)
Blend
$5.37M
Owner & transaction history
Fortress Holding LLC · 1 yrs held
Fortress Holding LLC
since 2024
7 recorded transactions
Zoning & alternative use
RMMI* · Rosemead, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.2M
+20.5%
Medical building
$8.1M
+18.4%
Office building
$8.0M
+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
$4,990,000
ML approach
$5,070,000
CAP Approach
CAP Return
Estimation
6%
$6,545,000
6.5%
$6,040,000
7%
$5,610,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,815,000
Current use
AUTO REPAIR, GARAGE
$8,210,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$8,065,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$7,960,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,485,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$5.37M
Range $4.83M – $5.90M · ±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
$302 / 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
$68,978
Tax year 2024
Assessed value
$4,923,000
Assessed 2024
Previous assessed
$4,923,000
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,195,000
Assessed improvement
$1,728,000
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
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Stories
1
Total area
17,745 SF
Lot
0.98 ac (42,534 SF)
Zoning code
RMMI*
APN
5282-010-030
UPID
US09-6433541
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RMMI* · Rosemead, CA
Zoning RMMI* · permitted uses
RMMI* · Rosemead, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rosemead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$8.1M
OFFICE BUILDING
Est. value
$8.0M
COMMERCIAL (GENERAL)
Est. value
$5.5M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1985
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Fortress Holding LLC
Entity
Mailing address
1427 HOLLENCREST DR, WEST COVINA, CA 91791-3714
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 31, 2024
—
Fortress Holding LLC
David Vien Lieu
Grant Deed
—
Jul 26, 2023
$4,928,000
David Vien Lieu
Granko Limited Partnership
Grant Deed
—
Jul 26, 2023
—
Jimmy Thai
Elizabeth Ong
Quit Claim Deed
related
$2,000,000 · East West Bank
Oct 20, 1994
—
Granko
Ko,l Trustee
Quit Claim Deed
related
—
—
—
Granko LP
—
Deed Of Trust
related
$1,390,000 · First Central Bank
—
—
Granko
—
Deed Of Trust
related
$1,000,000 · Bank Of East Asia
—
—
Lawrence Ko
—
Deed Of Trust
related
$850,000 · Granko Development Corp
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.
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