8408 Garvey Avenue, Rosemead, CA 91770 - Berkshire Hathaway HomeServices California Properties
8408 Garvey Avenue Rosemead, CA 91770
$29,000,000 0 beds, 0 baths
0 sqft

Agent Remarks

We are proud to announce the offering of Garvey Garden Plaza, a truly unique mixed-use investment opportunity in Rosemead, California. Garvey Garden Plaza, located at 8408-8418 Garvey Avenue in Rosemead, CA 91770, is a newly constructed building offering three ground-floor modified gross retail spaces and 46 residences on its upper levels. Situated at the bustling corner of Garvey Avenue and Delta Avenue, in the western part of the San Gabriel Valley, this strategic location provides investors with direct access to a robust working-class demographic, positioning this asset for a buy-and-hold strategy aimed at generating generational wealth. This mixed-use development offers residents excellent connectivity to a wide array of amenities and transportation options. Its proximity to the Shops at Montebello provides immediate retail convenience, while its location near major highways, including the I-10 and SR-60, ensures access to all of Southern California's diverse attractions, from the beaches of the Pacific to the scenic San Gabriel Mountains. Garvey Garden Plaza is a well-constructed, four-story community offering 62,730 square feet and spanning across a 50,132 square foot lot. This unique opportunity positions a new investor for significant returns within a prime San Gabriel Valley community. The property offers a desirable mix of two-bedroom and three-bedroom residences, complemented by three retail tenants. Residents enjoy a host of on-site amenities that include a courtyard with outdoor seating, elevator access, surface and reserved subterranean parking, controlled access for enhanced security, and creative drought-tolerant landscaping that creates a pleasant atmosphere. Individual units feature a variety of appealing interior amenities: central air conditioning and heating, fully equipped kitchens with dishwashers, in-unit washers and dryers, vinyl wood flooring, vertical blinds, and private balconies. There are some ADA compliant units available (ovens not included). Garvey Garden Plaza stands out as a prime, income-producing asset in Rosemead, presenting a compelling long-term investment. This newer construction property, ideally situated in a desirable San Gabriel Valley location, offers attractive returns with a favorable 4.87% in-place cap rate. It represents a stable and appealing opportunity for a diverse range of investors, from first-time buyers and seasoned professionals to those seeking 1031 exchange benefits.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# CV25139025
List price is $29,000,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 2022
1.15 acres
Lot size: 1.1509
County: Los Angeles
Zoning: RMC3
Appliances: Built-In Range,Dishwasher,Dryer,Washer
Parking description: Underground
Lot description: Lot Over 40000 Sqft
Heating/cooling: Central Air
Heating description: Central
MLS area: 651 - Rosemead/S. San Gabriel

Last Updated: 6/20/2025

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This listing belongs to the 651 - Rosemead/S. San Gabriel MLS area

Lat/Long: 34.062092, -118.085922.
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Listing Agent: Eric Chen
Lic#: 01234982
Office Name: Mission Viejo

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