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Property profile & analytics
OFF-MARKET Estimated value $1,065,000
Retail space

9040 Vly Blvd Rosemead, CA 91770-1918

3,650 SF 0.11 ac lot Built 1955
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US09-8894465
Property summary
AI-generated overview

This exceptional Rosemead retail investment opportunity encompasses a 4,610 square foot building situated on a 0.25-acre lot at 9040 Valley Boulevard. The property comprises four individual retail/business units, each equipped with its own separate air conditioning, electric, gas, and water meters, offering tenants maximum independence and control. Ample parking is provided, accommodating approximately 15 vehicles. The property's strategic location offers significant advantages. It's situated just a few hundred feet from The Grocery Outlet Supermarket, benefiting from the high foot traffic generated by this established anchor tenant. Furthermore, its proximity to the intersection of Valley Boulevard and Rosemead Boulevard ensures excellent visibility and accessibility. A two-minute walk connects the property to this major intersection, placing it within easy reach of a diverse range of dining, shopping, and entertainment options. Convenient freeway access further enhances its appeal. Currently, the property's income stream is partially realized. One unit is owner-occupied, while two units operate under month-to-month leases, and one unit has five months remaining on its lease. The property is comprised of three separate Assessor's Parcel Numbers (APN). This presents a unique opportunity for an investor seeking a well-located, multi-unit retail property with potential for increased income generation. The asking price is $2,000,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction WOOD
Total area 3,650 SF
Lot 0.11 ac (4,620 SF)
Zoning code RMCBD*
APN 8594-001-009
UPID US09-8894465
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
  • Mike's Upholstery Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.24M
Comparable Approach Comparable
$822k
Blend (final) Blend
$1.07M
Owner & transaction history
Ines L Cruz · 2 yrs held
Ines L Cruz
since 2023
6 recorded transactions
2023
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RMCBD* · Rosemead, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.7M +20.5%
Medical building $1.7M +18.4%
Office building $1.6M +16.8%
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