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- LoopNet Team
9637 Valley Blvd
Rosemead, CA 91770
Mixed Use Residential Commercial Development · Land For Sale
·
2.06 AC
Investment Highlights
- Mixed Use Development Opportunity - City Will Consider Live/Work
- 100% Occupied by 13 Tenants, Most on MTM Leases
- High Density of 60 DU/Acre Allowed
- Current Income to Offset Carrying Costs
- Current Retail, Medical and Residential Uses
- Maximum Return - No Affordable Component Required
Property Facts
| Property Type | Land | Total Lot Size | 2.06 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | C-3, RC-MUDO, DO - Residential/commercial mixed use overlay offering excellent density of 60 DU/Acre. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.06 AC |
| No. Stories | 1 |
| Zoning | C-3, RC-MUDO, DO - Residential/commercial mixed use overlay offering excellent density of 60 DU/Acre. |
Description
NAI Capital, as exclusive advisors to ownership, is proud to present for sale a mixed-used residential-commercial development opportunity. The 11 contiguous parcels consist of approximately 18,923 SF of commercial and residential structures situated on 2.06 acres. The Jiffy Lube and Billboard can be sold separately as a Single Tenant Net Lease Investment, thereby reducing the purchase to 1.84 acres. The properties run along Valley Boulevard to the south, Temple City Boulevard to the east and Lorica Street to the north.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,144 | |
| Land Assessment | $8,478,110 | Total Assessment | $8,479,254 |
Property Taxes
