Rosemead, CA 91770,5081 Walnut Grove AVE
Rosemead, CA 91770,5081 Walnut Grove AVE
Rosemead, CA 91770,5081 Walnut Grove AVE
Rosemead, CA 91770,5081 Walnut Grove AVE
Rosemead, CA 91770,5081 Walnut Grove AVE
Rosemead, CA 91770,5081 Walnut Grove AVE
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$1,100,000

$1,399,999

21.4%
Est.Price: ?

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Est. payment /mo

5.28 Acres Lot


SOLD DATE : 01/31/2024

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS23110344

Sold Date 01/31/24

HOA Y/N No

Year Built 2006

Tax Year 2024

Lot Size 5.280 Acres

Property Description

Also selling 5079, 5083, and 5087 Walnut Grove Ave Rosemead. These properties can be sold together or separately.

Welcome to 5081 Walnut Grove Avenue, located in the bustling city of Rosemead bordering San Gabriel. This exceptional industrial condominium offers a spacious and versatile workspace spanning approximately 4,000 square feet.

Upon entering the property, you'll be greeted by a well-designed layout that maximizes functionality and efficiency. The interior boasts ample open space, providing endless possibilities for various business operations. The property features 24' high ceilings and 400 AMPs.

The lease rate for this property is $4,400 per month, with an additional $323 per month for common area maintenance (CAMs). This is a great investment with the tenant's lease expiring in 2026.

Located in a prime industrial area, this property benefits from its strategic location in Rosemead. The surrounding neighborhood is a hub of commercial activity, offering easy access to major transportation routes, including highways and main roads. This allows for seamless connectivity and efficient distribution of goods and services.

5079, 5081, 5083, and 5087 Walnut Grove Ave present a rare Owner-User/Investment opportunity to acquire 4 Industrial Condominiums totaling 17,347 square feet.

5083 and 5087 are on MTM and can be delivered vacant. That allows 4,000 and 5,335 sf of immediate space for an Owner User to occupy or rent to a market-rate tenant.

Each unit has its own grade-level roll-up door and 3-5 designated parking spaces. 1 double door, and 1 exit door, 24’ clear height, and 400-Amps.

The business park has handicapped spaces and guest parking.

The property is located near the corner of Walnut Grove Ave and Grand Avenue with easy access to the 10 and 60 freeways.

The property is in the heart of San Gabriel Valley and 20 minutes from DTLA. Strong demographics with household incomes in excess of $101,000 in a 2-mile radius.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Interior

Fireplace No

Laundry None

Exterior

Total Parking Spaces 3

Building

Lot Description 26-30 Units/Acre

Story 2

Water Public

Others

Tax ID 5373033045

Security Features Fire Sprinkler System

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by JUSTIN CHU • KELLER WILLIAMS REALTY
Bought with JUSTIN CHU • KELLER WILLIAMS REALTY
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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