- – beds
- – baths
- – sqft
- ~1 acre lot
- 2022 build
- – on site
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.
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Last updated Jun 20, 2025
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MLS# CV25139025 —
The Building
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Year Built:2022
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:62730.00
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Building Area Units:Square Feet
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Total Number Of Units:46
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# of Buildings:1
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Stories Total:4
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:46
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# of Separate Water Meters:1
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# of Separate Electric Meters:46
Interior
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Levels:Three Or More
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Entry Location:1
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Flooring:Vinyl
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Laundry:Dryer Included, Stackable, Washer Included
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Laundry:1
Location
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Directions:Merge onto I-10 W, Take exit 26A for Walnut Grove Ave, Turn right onto Walnut Grove Ave, Turn right onto Garvey Ave
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Latitude:34.06209200
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Longitude:-118.08592200
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:RMC3
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Lot Features:Lot Over 40000 Sqft
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Lot Size Area:50132.0000
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Lot Size Acres:1.1509
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Lot Size SqFt:50132.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:4824.03
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Tax Tract:5242
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5283005028
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Built-In Range, Dishwasher
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Included:Yes
The Community
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Features:Curbs, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Subterranean
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Parking Spaces:115.00
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Carport Spaces:115.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/20/25
Jun 20, 2025
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Listed / Active | CRMLS_CA | $29,000,000 |