7951 Garvey Avenue

    Rosemead, CA 91770
    • $1,800,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: WS19247449
    UPDATED: 29 min ago
    $1,800,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,600
      SQFT
    • $1,125
      $/SQFT
    Type:
    Commercial
    Built:
    1955
    County:

    School Ratings & Info

    Description

    LAND VALUE - DEVELOPMENT OPPORTUNITYIn the heart of former auto auction and within the City of Rosemead Garvey Avenue Specific Plan. In May of 2014, the City of Rosemead initiated a comprehensive and visionary plan to revitalize the Garvey Avenue corridor, invested approximately $270,000 to date, the City of Rosemead has committed significant resources scheduled for completion in early spring of 2017, the Garvey Avenue Specific Plan is expected to support commercial and residential uses in an integrated mixed use setting, with and incentivized program allowing the ability to build up to a 3 to 1 FAR and 80 dwelling units per acre, up to a 75 foot height limit. This visionary planning process initiated by City of Rosemead provides the fundamental framework for a visionary developer to create a regional draw for modern living intertwined with first class retail, food and entertainment.Currently, a one story building with three commercial retail units and parking in the rear. Sell in "As-Is" physical conditions, no repair, no termite.Please DO NOT contact tenants, DRIVE BY ONLY. Buyer and Buyer's agent to verify all MLS and property information with city to their satisfactions. See supplements for additional information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T15:30:11.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/100143565

    7951 Garvey Avenue Rosemead, CA 91770

    • Price: $1,800,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: WS19247449
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1,600
    SQFT
    $1,125
    $/SQFT
    1955
    Built
    Neighborhood:
    651 - Rosemead/S. San Gabriel
    County:
    Los Angeles
    Area:
    651 - Rosemead/S. San Gabriel
    Property Description
    LAND VALUE - DEVELOPMENT OPPORTUNITYIn the heart of former auto auction and within the City of Rosemead Garvey Avenue Specific Plan. In May of 2014, the City of Rosemead initiated a comprehensive and visionary plan to revitalize the Garvey Avenue corridor, invested approximately $270,000 to date, the City of Rosemead has committed significant resources scheduled for completion in early spring of 2017, the Garvey Avenue Specific Plan is expected to support commercial and residential uses in an integrated mixed use setting, with and incentivized program allowing the ability to build up to a 3 to 1 FAR and 80 dwelling units per acre, up to a 75 foot height limit. This visionary planning process initiated by City of Rosemead provides the fundamental framework for a visionary developer to create a regional draw for modern living intertwined with first class retail, food and entertainment.Currently, a one story building with three commercial retail units and parking in the rear. Sell in "As-Is" physical conditions, no repair, no termite.Please DO NOT contact tenants, DRIVE BY ONLY. Buyer and Buyer's agent to verify all MLS and property information with city to their satisfactions. See supplements for additional information.
    Exterior Features

    Lot Features Value In Land Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Land Lease YN No Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 3 Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Thanh Ly of United R.E.- Los Angeles


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-17T15:30:11.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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