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$ 7,000,000
Est. payment | /mo
1.01 Acres Lot
$ 7,000,000
Est. payment | /mo
1.01 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25016892
HOA Y/N No
Year Built 1974
Lot Size 1.010 Acres
Lot Dimensions Estimated
Property Description
Prime Commercial Development Property in Rosemead's FCMU Corridor
Located on the bustling San Gabriel Boulevard in the heart of the San Gabriel Valley, 3128 & 3156 San Gabriel Blvd offers a rare investment opportunity with high visibility and prime frontage. Sales price to include (4) adjacent parcels combined boasting approx 395 feet frontage on San Gabriel Blvd. and situated on over 1 acre of land within the highly sought-after FCMU Corridor. With great street visibility as well as pedestrian/ mass transit options nearby, this property is poised for a variety of usages and has tremendous potential including the development of mixed-use projects that are in high demand; several large projects are currently being developed to the North and likely will bring stronger demand, density, and value to the surrounding areas. Buyer shall independently conduct own due diligence with own Professionals, Architects & Consultants. Buyer is invited to investigate all the wonderful development potential and possibilities of the existing parcel(s) and shall be responsible to verify any/all info with City, verify zoning & usage.
Currently, the property features a total of 13,025 square feet of building square footage, including 6,866 square feet of retail space, which is leased to a furniture store tenant since 2008. In addition, the property includes a 6,159-square-foot auto repair shop, making it an ideal space for automotive services or other industrial purposes.
With its strategic location, just minutes from the I-10, I-60, I-710, and I-605 Freeways, this property offers convenient access to major transportation corridors, providing excellent visibility and high traffic exposure. This is a unique opportunity for investors and developers to capitalize on a versatile property with income-generating potential and the possibility for high-density projects and/or future growth and development.
Located on the bustling San Gabriel Boulevard in the heart of the San Gabriel Valley, 3128 & 3156 San Gabriel Blvd offers a rare investment opportunity with high visibility and prime frontage. Sales price to include (4) adjacent parcels combined boasting approx 395 feet frontage on San Gabriel Blvd. and situated on over 1 acre of land within the highly sought-after FCMU Corridor. With great street visibility as well as pedestrian/ mass transit options nearby, this property is poised for a variety of usages and has tremendous potential including the development of mixed-use projects that are in high demand; several large projects are currently being developed to the North and likely will bring stronger demand, density, and value to the surrounding areas. Buyer shall independently conduct own due diligence with own Professionals, Architects & Consultants. Buyer is invited to investigate all the wonderful development potential and possibilities of the existing parcel(s) and shall be responsible to verify any/all info with City, verify zoning & usage.
Currently, the property features a total of 13,025 square feet of building square footage, including 6,866 square feet of retail space, which is leased to a furniture store tenant since 2008. In addition, the property includes a 6,159-square-foot auto repair shop, making it an ideal space for automotive services or other industrial purposes.
With its strategic location, just minutes from the I-10, I-60, I-710, and I-605 Freeways, this property offers convenient access to major transportation corridors, providing excellent visibility and high traffic exposure. This is a unique opportunity for investors and developers to capitalize on a versatile property with income-generating potential and the possibility for high-density projects and/or future growth and development.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning C3
Interior
Fireplace No
Laundry None
Exterior
Fence Wrought Iron
Roof Type Flat
Present Use Commercial
Building
Lot Description Rectangular Lot
Story 2
Water Other
Others
Tax ID 5288010049
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Jennifer Hsu • CBD Investment Inc T.C. • 626-379-3351
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States