9661 Garvey Ave, Unit 9663 South El Monte, CA 91733
Property Lookup
Property profile & analytics
9661 Garvey Ave, Unit 9663 South El Monte, CA 91733
- Investment properties
- 34,320 SF
- 1.52 lot acres
Property ID
US09-7347424
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 9661 Garvey Ave
- Year built
- 2006
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.52 lot acres
- Property size
- 34,320 SF
- Zone code
- SEC*
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 8581-015-042
- APU
- 8581015042
Description
This exceptional investment opportunity presents Victory Plaza, a two-story, 34,320 square foot shopping center in South El Monte, CA. Built in 2006, this Class C property boasts 39 tenants across a diverse range of uses including retail, banking, professional services, medical, and restaurants, creating a vibrant "one-stop shop" destination. Situated on a 66,211 square foot lot at 9661 Garvey Ave, 91733, the plaza benefits from excellent visibility and accessibility, featuring approximately 200 feet of frontage and ample parking (90 spaces, including 4 handicap spaces). An elevator provides convenient access to the upper level. The property offers a compelling net lease investment with a current cap rate of 4.60% and a pro-forma cap rate of 8.28%. The asking price is $10,000,000, translating to $291.38 per square foot. The property is zoned SEC and features a single building with a multi-tenant occupancy. No rent bumps are currently in place. This represents a rare opportunity to acquire a well-located, mixed-use retail asset in the densely populated San Gabriel Valley.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,080,000
- 6.5%
- $9,305,000
- 7%
- $8,640,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,400,000
- AI Estimate
- $5,486,000
Market price range: $3.10M - $14.6MMarket price range: $2.95M - $6.62M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $10,350,000 Current use
- OFFICE BUILDING
- $12,060,000 Change: +17% Conversion: Easy
- AUTO REPAIR, GARAGE
- $11,585,000 Change: +12% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $9,355,000 Change: -10% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $9,305,000 Change: -10% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South El Monte
- County
- Los Angeles
- State
- California
- Longitude
- -118.058
- Latitude
- 34.0633
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$111,843
$4,647,995
$3,280,937
$7,928,932
-
$0.00
$0.00
$0.00
