11821 Valley Blvd
4,775 SF 31% Leased Retail Building El Monte, CA 91732 $2,800,000 ($586/SF)
INVESTMENT HIGHLIGHTS
- Ideal Owner/User opportunity with a large parking field to accommodate a variety of uses.
- Prime Valley Blvd location in the heart of El Monte with over 24,249 cars per day and close proximity to the I-10 Freeway.
- Infill San Gabriel Valley demographics with over 205,000 residents having an AHHI of $99,194.
- Tremendous redevelopment opportunity for a commercial, residential or mixed-use project. Highly flexible C-3 zoning.
- El Monte Community Housing Element has indicated the ability to build 26 residential units on site.
EXECUTIVE SUMMARY
11821-11831 Valley Blvd presents an extremely rare opportunity for an owner/user, value-add investor or developer to acquire a ±31,769 SF site with income in place, ideally zoned C-3 for future redevelopment in the heart of El Monte.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,775 SF
Building Class
C
Year Built
1954
Price
$2,800,000
Price Per SF
$586
Percent Leased
31%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
C3 - General Commercial
Parking
40 Spaces (26.67 Spaces per 1,000 SF Leased)
Frontage
113 FT on Valley Blvd
AMENITIES
- Bus Line
- Commuter Rail
- Restaurant
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $212,241 | |
Land Assessment | $1,538,750 | Total Assessment | $1,750,991 |