Property profile

9661 Garvey Ave South El Monte, CA 91733

FOR SALE
Other investment properties
Property ID
US09-7347424
34,320 SF 1.52 ac lot Built 2006
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Victory Plaza Shopping Center is a multi-tenant retail property constructed in 2006, configured as a two-story shopping center that supports a mix of retail and service uses, including bank, professional, medical, and restaurant-related operations. Tenant access to the upper level is provided by elevator service. The center is located at 9661–9663 Garvey Ave in South El Monte, California, along the Garvey Ave and Rosemead Blvd corridor. The property includes a large on-site parking lot with 90 parking spaces, among them 4 designated handicapped stalls. The described unit configuration is approximately 1,200 square feet with an approximate depth of 330 square feet, fitting common service-oriented layouts.

Property profile

Verified
Property type Other investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2006
Construction TILT-UP CONCRETE
Total area 34,320 SF
Lot 1.52 ac (66,095 SF)
Zoning code SEC*
APN 8581-015-042
UPID US09-7347424

Cap rate & NOI

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

Location

9661 Garvey Ave South El Monte, CA 91733
South El Monte metro Census 433506 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
$9.31M
Comparable Approach Comparable
$12.40M
Blend (final) Blend
$9.07M

Owner & transaction history

since 2019
7 recorded transactions
2019
$7.3M
2011
Price N/A
2010
Price N/A
2010
$4.9M
2010
$4.6M
2006
Price N/A
2004
Price N/A

Zoning & alternative use

SEC* · South El Monte, CA
Top alternative use upside
Office building $12.1M +16.5%
Auto repair, garage $11.6M +11.9%

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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message