8147 Arroyo Drive

    Rosemead, CA 91770
    • $4,098,000
    • STATUS: Active
    • ON SITE: 286 days
    • ID#: AR18001991
    UPDATED: 31 min ago
    $4,098,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,800
      SQFT
    • $379
      $/SQFT
    Type:
    Commercial
    Built:
    1973
    County:

    School Ratings & Info

    Description

    The Arroyo Center 10,800 square foot retail center in the heart of San Gabriel Valley located in the beautiful City of Rosemead, California. This is a rare opportunity to acquire property at one of the busiest intersections in the city, with over 20,000+ cars per day at the adjacent intersections. This property is located just north of 60 freeway and south of the 10 freeway and makes for the perfect investment opportunity. Several strip center tenants are long term tenants while a couple of others are on a month to month basis with upside potential in rent. The recent lease signing with the successful Library Liquor illustrates the strong tenant demand of this area. The strip center is ready for a new investor with new strategy to leverage the upside potential. This location provides excellent visibility and vehicular access. Additionally this shopping center is only a few blocks from the approved Montebello Hills new home development project that is set to built in the coming year.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-17T00:31:12.133. 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. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/79684438

    8147 Arroyo Drive Rosemead, CA 91770

    • Price: $4,098,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: AR18001991
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    10,800
    SQFT
    $379
    $/SQFT
    1973
    Built
    Neighborhood:
    651 - Rosemead/S. San Gabriel
    County:
    Los Angeles
    Area:
    651 - Rosemead/S. San Gabriel
    Property Description
    The Arroyo Center 10,800 square foot retail center in the heart of San Gabriel Valley located in the beautiful City of Rosemead, California. This is a rare opportunity to acquire property at one of the busiest intersections in the city, with over 20,000+ cars per day at the adjacent intersections. This property is located just north of 60 freeway and south of the 10 freeway and makes for the perfect investment opportunity. Several strip center tenants are long term tenants while a couple of others are on a month to month basis with upside potential in rent. The recent lease signing with the successful Library Liquor illustrates the strong tenant demand of this area. The strip center is ready for a new investor with new strategy to leverage the upside potential. This location provides excellent visibility and vehicular access. Additionally this shopping center is only a few blocks from the approved Montebello Hills new home development project that is set to built in the coming year.
    Exterior Features

    Lot Features Near Public Transit 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 Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Vincent Medina of Lotus Property Services, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-17T00:31:12.133. 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. Licensed in the State of California, USA.
     
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