10503 Valley blvd, El Monte, CA 91731, US
$15,500,000 USD
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Address | 10503 Valley blvd, El Monte |
Property Subtype | Office |
Price | $15,500,000 |
Property Type | Commercial Sale |
Year Built | 2000 |
Bedrooms Total | 0 |
Living Area | 90,243 ft2 |
Listing ID | AR20227517 |
Status | Active |
Parcel Number | 8575024046 |
Zoning | EMM2 |
Special Conditions | Standard |
Days on Market | 86 |
Detailed Description: The property is located on Valley Blvd which is a major retail corridor in west San Gabriel Valley area. It is located in close right next to the proposed Walmart site (±187,782 square-foot supercenter) and it in close proximity to many multi-million dollar new developments such as Magellan Gateway (±501,000 sq.ft business parks development on Temple City Blvd), Hilton Garden Inn (a ± $34million project that is currently under construction on Valley Boulevard), El Monte Gateway Project (a development project consisting ±485 units of housing and ±25,000 sq.ft of retail), and many more. El Monte is an increasingly desirable city in the San Gabriel Valley, an area that is experiencing rapid growth and redevelopment because of its excellent location and proximity to Downtown Los Angeles. El Monte, in particular, has an excellent location for commuters because of the El Monte Busway, The Metro link, and easy access to the 10 FWY, 605 FWY, and 60 FWY; making almost every Southland location easily accessible from this location.
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Address Information
Address | 10503 Valley blvd, El Monte |
City | El Monte |
Location (MLS Area) | 619 – El Monte |
County Or Parish | Los Angeles |
State or Province | CA |
Postal Code | 91731 |
Country | US |
Financial Information
Price per Square Foot | $171.76 |
Special Conditions | Standard |
Tax Year | 2000 |
Full Descriptions
Parcel Number | 8575024046 |
Detailed Description | The property is located on Valley Blvd which is a major retail corridor in west San Gabriel Valley area. It is located in close right next to the proposed Walmart site (±187,782 square-foot supercenter) and it in close proximity to many multi-million dollar new developments such as Magellan Gateway (±501,000 sq.ft business parks development on Temple City Blvd), Hilton Garden Inn (a ± $34million project that is currently under construction on Valley Boulevard), El Monte Gateway Project (a development project consisting ±485 units of housing and ±25,000 sq.ft of retail), and many more. El Monte is an increasingly desirable city in the San Gabriel Valley, an area that is experiencing rapid growth and redevelopment because of its excellent location and proximity to Downtown Los Angeles. El Monte, in particular, has an excellent location for commuters because of the El Monte Busway, The Metro link, and easy access to the 10 FWY, 605 FWY, and 60 FWY; making almost every Southland location easily accessible from this location. |
Water Source | Private, Public |
Roof Description | Flat |
Laundry Features | None |
Signage | Sign Freestanding, Sign on Building |
Property parameters
Year Built | 2000 |
Living Area (Sq.Ft.) | 90,243 ft2 |
Number of Buildings | 3 |
Number of Units Leased | 72 |
Number of Units Total | 72 |
Zoning | EMM2 |
Water Source | Private, Public |
Land Usage Description | Office |
Property Subtype | Office |
Building Status | Existing |
Units Total | 72 |
Cap Rate (For Cash Payment Only) | 5.6 |
Listed with | Qing Guan (Pinnacle Real Estate Group) |