5087 Walnut Grove Avenue

Rosemead, CA 91770

$1,760,000

Sold Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten $329 / sqft

2006

calendar_month Built

Property Description

Also selling 5079, 5081, and 5083 Walnut Grove Ave Rosemead. These properties can be sold together or separately. Welcome to 5087 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 5,335 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 current tenant's lease has expired and is on a month-to-month tenancy, offering flexibility for both the new owner and the tenant. The lease rate for this property is $5,250 per month, with an additional $431 per month for common area maintenance (CAMs). 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 presents 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 to DTLA. Strong demographics with household incomes in excess of $101,000 in a 2-mile radius.

Listing Information

Close Price $1,760,000
Close Date Wednesday, January 31st, 2024
Status Closed
MLS WS23109796
Type Commercial
Subtype Warehouse
Year Built 2006
Lot Size N/A
Structure Size N/A
DOM 156
Courtesy Of KELLER WILLIAMS REALTY
Listing Agent JUSTIN CHU DRE#01900624

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: JUSTIN CHU, KELLER WILLIAMS REALTY . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2024 at 12:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.