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9567-9575 Garvey Ave
South El Monte, CA 91733
Retail Property For Sale
Investment Highlights
- Prime location on Garvey Ave with highest traffic volume in South El Monte.
- Retail/service zoning (LCMI) ideal for diverse commercial uses.
- 100% leased with 21 units and 14 tenants, ensuring steady cash flow.
- Most units recently upgraded with new flooring, minimizing renovation costs.
Executive Summary
Crown Plaza presents a rare investment opportunity in the heart of South El Monte, located on Garvey Avenue—one of the city's highest traffic corridors. This prime commercial property is offered at $4,200,000 and delivers a strong CAP rate of 6.19%, with an annual net operating income of $260,264. Built in 1991, the property spans 17,173 square feet on a 35,054 square foot lot, comprising three parcels.
It features 21 units with 14 tenants and is currently 100% leased, reflecting stable occupancy and consistent cash flow. Zoned LCMI for retail and service use, the site includes a concrete driveway, a large parking area with newly added ADA-compliant spaces, and recent upgrades such as new flooring in most units.
Its strategic location near East Rosemead Boulevard and with easy access to Freeways 10 and 60 enhances its appeal for both tenants and investors. This is a well-maintained property that truly reflects pride of ownership, an ideal choice for those seeking a high-performing commercial asset.
It features 21 units with 14 tenants and is currently 100% leased, reflecting stable occupancy and consistent cash flow. Zoned LCMI for retail and service use, the site includes a concrete driveway, a large parking area with newly added ADA-compliant spaces, and recent upgrades such as new flooring in most units.
Its strategic location near East Rosemead Boulevard and with easy access to Freeways 10 and 60 enhances its appeal for both tenants and investors. This is a well-maintained property that truly reflects pride of ownership, an ideal choice for those seeking a high-performing commercial asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
17,520 SF
Building Class
C
Year Built
1991
Price
$4,200,000
Price Per SF
$239.73
Cap Rate
6.19%
NOI
$259,980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.80 AC
Zoning
LCM1* - Commercial
Parking
39 Spaces (2.23 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,218,765 | |
| Land Assessment | $1,991,195 | Total Assessment | $4,209,960 |
Property Taxes
Parcel Numbers
Land Assessment
$1,991,195
Improvements Assessment
$2,218,765
Total Assessment
$4,209,960
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