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$6,000,000
Est. payment /mo
9,389 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,389 sqft
Price per Sqft $639
MLS Listing ID CRAR25250132
HOA Y/N No
Year Built 1946
Lot Size 1.306 Acres
Acres 1.31
Property Sub-Type Retail
Property Description
12207-12213 Valley Blvd and 3122 Maxson Rd, a single tenant automotive dealership located along the well-known Valley Blvd in El Monte, CA. This is the first time these properties ever offered for sale since the owner bought the first one in 1979 (±45 years). This property offers a unique opportunity for savvy developers providing a clean slate redevelopment project. Situated on a large ±1.3-acre (±56,898 SF) corner lot, the site boasts approximately ±183 feet of prime street frontage along the highly sought-after Valley Blvd. This area is renowned for its rapid redevelopment, with many significant projects either completed or in progress. Recent residential condominiums' sales comparable show attractive sold condo prices ranging from $645,000 to $742,000 per condo (MLS sales comps from May 2024 - buyer to verify). The property is zoned C3 (Commercial Mixed-Use, buyer to verify), offering a variety of potential uses, including residential (R4) and commercial (refer to Development Guidelines for details). The site benefits from a daily traffic count of approximately ±23,380 vehicles on Valley Blvd and ±214,000 VPD on 10FWY, providing superb exposure. Valley Blvd serves as the primary retail corridor for several cities in the San Gabriel Valley, including Alhambra, San Gabrie
Location
State CA
County Los Angeles
Zoning C3
Interior
Heating Wall Furnace
Cooling Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Other, Cable Connected
Total Parking Spaces 100
Building
New Construction No
Others
Tax ID 8565021006
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Listed by Handoko Chen • Growth Investment Group Pasade
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