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- LoopNet Team
6449 Rosemead Blvd
San Gabriel, CA 91775
Land For Sale
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0.26 AC
Property Facts
Description
Marcus & Millichap is pleased to present a 11,352 sqft rare development opportunity in San Gabriel, California. Located at 6449 Rosemead Boulevard, the property is located on the hard corner of Rosemead Boulevard and Emperor Avenue just south of Duarte Road. The property sits adjacent to a retail shopping center and single family homes. Tenants enjoy proximity to high-end cities such as Arcadia, Pasadena, and San Marino. Nearby amenities include the San Gabriel Country Club and various retail shopping centers. San Gabriel offers a myriad of diverse dining options, mom and pop shops, retail destinations, and so much more. Rosemead Boulevard has seen a lot of development within the last year and a half including a Starbucks which was constructed just two blocks north of the subject property. The property has a LCR3YY zoning which allows for multifamily developments, assisted living, and child care. The offering has a potential to allow for a development of seven units by right, with a 10 unit potential with a density bonus. This property presents an exciting opportunity for a developer to build multifamily or condos in a quiet, residential community.
Property Taxes
| Parcel Number | 5381-034-024 | Improvements Assessment | $550,766 |
| Land Assessment | $1,354,015 | Total Assessment | $1,904,781 |
Property Taxes
