8408 Garvey Avenue, Rosemead, CA 91770
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
8408 Garvey Avenue,Rosemead, CA 91770
$29,000,000
- - Beds
- - Baths
- 62,730 sq. ft.
- Multi-family
- Active
Listed by:eric chen
Office:cb richard ellis
MLS#:CV25139025
Source:CRMLS
Price summary
- Price:$29,000,000
- Price per sq. ft.:$462.3
About this home
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.
Contact an agent
Home facts
- Year built:2022
- Listing ID #:CV25139025
- Added:97 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:62,730 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2022
- Building area:62,730 sq. ft.
- Lot area:1.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$29,000,000
- Price per sq. ft.:$462.3
New listings near 8408 Garvey Avenue
- New$1,080,000Active3 beds 3 baths1,862 sq. ft.
2230 Cathryn, Rosemead, CA 91770
MLS# WS25226137Listed by: RE/MAX CHAMPIONS - New$399,000Active2 beds 2 baths962 sq. ft.
8260 Rush Street #H, Rosemead, CA 91770
MLS# 25592415Listed by: RE/MAX TRI-CITY - New$549,900Active2 beds 2 baths1,003 sq. ft.
4167 Walnut Grove Ave, Rosemead, CA 91770
MLS# DW25217801Listed by: CENTURY 21 LOTUS - New$240,000Active3 beds 2 baths1,000 sq. ft.
3107 N. San Gabriel Blvd.#7, Rosemead, CA 91770
MLS# OC25218386Listed by: HOME WORKS REALTY - New$549,900Active2 beds 2 baths1,003 sq. ft.
4167 Walnut Grove Ave, Rosemead, CA 91770
MLS# DW25217801Listed by: CENTURY 21 LOTUS - $1,775,000Active-- beds -- baths4,054 sq. ft.
7639 Hellman Avenue, Rosemead, CA 91770
MLS# OC25216502Listed by: REDFIN CORPORATION - $925,000Pending-- beds -- baths1,750 sq. ft.
2727 Kelburn Avenue, Rosemead, CA 91770
MLS# WS25202936Listed by: HIGH TEN PARTNERS, INC. - $1,149,000Pending-- beds -- baths1,543 sq. ft.
7946 Hershey Street, Rosemead, CA 91770
MLS# CV25201454Listed by: ELEMENT RE INC - $949,000Pending3 beds 2 baths1,636 sq. ft.
1301 Pine Tree Lane, Rosemead, CA 91770
MLS# CV25200515Listed by: THE NEIGHBORHOOD - $655,000Active3 beds 2 baths1,220 sq. ft.
4177 Walnut Grove Avenue, Rosemead, CA 91770
MLS# WS25200273Listed by: RE/MAX PREMIER/ARCADIA