This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
Garvey Ave
Rosemead, CA 91770
CALL FOR OFFERS (STARTING JANUARY 1, 2024) · Land For Sale · 4.66 AC
Investment Highlights
- Rare Large-Scale Development in a Central West San Gabriel Valley Location
- The Garvey Avenue Specific Plan Allows Flexible Land Uses
- High Identity Site on a Major Intersection
- Opportunity to Design a Phased Development with Product Mix Variation
PROPERTY FACTS
Description
For Offering Memorandum: https://my.rcm1.com/handler/modern.aspx?pv=tK9yTMSlZxpRH2eUvydMOwgiXl8zX7f7vbq_qo8Duxc#_top The Property represents a rare large-scale, mixed-use development opportunity on ±4.75 gross acres at a premier location in the heart of West San Gabriel Valley. The Property’s development potential is ±621,000 SF with an estimated 380 units or more of multifamily housing and additional commercial space for a variety of uses. The Property may be considered a gateway catalyst site opportunity at the eastern node of the Garvey Avenue Specific Plan. A well-executed project should be able to become a trophy institutional asset that can be held for generations. The Property consists of six (6) contiguous parcels totaling ±207,127 square feet (±4.75 acres) of undeveloped land with an estimated ±168,878 square feet (±3.88 acres) of net developable land area. The Property has ±274 feet of frontage on San Gabriel Blvd. and ±275 feet on Garvey Ave. An existing mobile home park with an additional ±156,510 square feet (±3.59 acres) of land contiguous with the subject property may be assembled.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $3,709,700 | Total Assessment | $3,709,700 |
PROPERTY TAXES
- 5287-035-007
- 5287-035-017
- 5287-035-016
- 5287-035-020
- 5287-035-021
zoning
Zoning Code | Garvey Avenue SP (Property is located within the Garvey Avenue Specific Plan and is designated Incentivized Mixed-Use which allows a max density of up to 80 du/ac.) |
Garvey Avenue SP (Property is located within the Garvey Avenue Specific Plan and is designated Incentivized Mixed-Use which allows a max density of up to 80 du/ac.) |
Learn More About Investing in Land
Listing ID: 28923386
Date on Market: 7/5/2023
Last Updated:
Address: Garvey Ave, Rosemead, CA 91770
The Land Property at Garvey Ave, Rosemead, CA 91770 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Land PROPERTIES IN NEARBY NEIGHBORHOODS
- San Gabriel Valley Commercial Land
- Southeast Los Angeles Commercial Land
- Downtown Los Angeles Commercial Land
- Northeast Los Angeles Commercial Land
- City West Commercial Land
- South Park Commercial Land
- Taylor Junction Commercial Land
- Echo Park Commercial Land
- Arts District Commercial Land
- Garvey Commercial Land
- Mountain View Commercial Land
- Lamanda Park Commercial Land
- Los Nietos Commercial Land
- El Rancho Commercial Land
- Hacienda La Puente Commercial Land
Nearby Listings
- 5460 Hilton Ave, Temple City CA
- 508 Las Tunas Dr, San Gabriel CA
- 3618 Baldwin Ave, El Monte CA
- 11400 Garvey Ave, El Monte CA
- Del Mar Ave., Rosemead CA
- 8356-8364 Sheffield Rd, San Gabriel CA
- 12138 Valley Blvd, El Monte CA
- 8926-8938 Valley blvd, Rosemead CA
- 7419-7459 Garvey Avenue, Rosemead CA
- 500 Atlantic Blvd, Alhambra CA
- 5201-5211 S Paramount Blvd, Pico Rivera CA
- 301 Jacmar Dr, Montebello CA
- 5054 & 5042 Williams Pl, Los Angeles CA