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28898137
28898138

1642 Potrero Grande Drive, Rosemead, CA 91770

MY
01987254
Epique Realty
Listed by Epique Realty
$950,000
214 days on market
Updated 88 days ago

1642-1644 Potrero Grande Dr, Rosemead

Details
APN 5279-004-017
Property Type Mixed Use, Office (+1)
Sub Type Medical Office, Storefront
Square Footage 1,752
Net Rentable (SqFt) 1,752
Units 2
Cap Rate 14.04%
NOI $133,400
Occupancy 100%
Tenancy Single
Lease Type Gross
Price per SqFt $542
Broker Co-Op Yes
Year Built 1952
Year Renovated 2018
Buildings 1
Stories 1
Acreage 0.170
Zoning LCC3*
Investment Type Owner/User
Ground Lease No

Mixed Use | 14.04% CAP | 1,752 SqFt

Marketing description

Prime Commercial Building in the Heart of Rosemead – Endless Business Potential

Owner Carry (Seller Financing) is available with a 30% downpayment.

------- Key Points---------

1. Prime Corner-Lot Visibility & High Traffic Exposure

Located at a signalized major intersection, offering exceptional visibility and steady daily traffic—ideal for retail, office, or service-based businesses.

2. Flexible High-Intensity Commercial Zoning (LCC3*)

Allows a wide range of commercial uses with potential for redevelopment. Buyers can explore maximizing the site’s value while retaining flexibility in business operations.

3. Income-Producing Asset with Redevelopment Upside

Existing tenants generate rental income to offset holding costs, making it a rare opportunity to collect rents while planning a future redevelopment for even greater long-term value.

Welcome to 1642–1644 Potrero Grande Drive, a rare opportunity to own a highly visible commercial building located on one of Rosemead’s most traveled corridors. This versatile property offers exceptional frontage, steady foot and vehicle traffic, and unmatched accessibility—perfect for a wide range of business uses.

Current tenant is a marijuana-related business paying $13,000 per month, providing solid, immediate cash flow for investors.

1630 Potrero Grande Drive is also available for sale separately. Together, the two properties offer an excellent redevelopment opportunity. You can continue collecting rent from the current tenants during the planning and permitting phases, helping to offset your holding costs.

Conveniently situated near major streets, highways, and dense residential and commercial neighborhoods, this property benefits from excellent accessibility and visibility—key advantages for any successful business. Buyer to perform their own due diligence and verify what types of businesses can be operated at this location.

The building features two separate units, ideal for owner-users, investors, or multi-tenant occupancy. Its flexible commercial zoning allows for numerous business types, including:

* Professional offices (law, accounting, insurance, consulting)

* Medical or dental clinics

*Retail stores and specialty shops

*Beauty, wellness, or personal care services (salon, spa, acupuncture, therapy)

*Light food service (tea shop, dessert shop, take-out concepts—subject to city approval)

*Real estate, mortgage, or financial service offices

*Educational or training centers

With ample parking, strong demographics, and close proximity to major intersections, freeways, and established shopping centers, this location offers everything you need to grow a successful business. Whether you're looking to expand your existing operation or secure a stable income-producing asset, this property delivers outstanding potential in a thriving San Gabriel Valley market.

Don’t miss this exceptional investment opportunity in one of Rosemead’s most desirable commercial zones.

Investment highlights

🔥 Key Highlights

  1. Flexible High-Intensity Commercial Zoning (LCC3*)
    Supports a wide range of retail, office, and service businesses — ideal for investors, owner-users, or redevelopment opportunities.

  2. Prime Redevelopment Potential
    Can be purchased separately or combined with 1630 Potrero Grande Dr for a larger redevelopment site, expanding future project possibilities.

  3. Income-Generating Asset
    Existing tenants provide immediate rental income, helping offset holding and planning costs while future development or repositioning plans are underway.

Listing Contacts

MY
01987254
Epique Realty
Listed by Epique Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$133,400.00
$11,116.67/mo

Valuation Metrics

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DSCR
14.04%
Cap Rate
14.04%
ROI

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