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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.
Full Property Details
Full Property Details for 5087 Walnut Grove Ave
General
- Taxes: $23,705 (2024)
- Status: Closed
- Type: Warehouse
- Source: MRMLS
- MLS ID: WS23109796
- Added to Site: 955 day(s) ago
Business
- Business Type: Commercial, Industrial
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 5
Location
- County: Los Angeles
- Driving Directions: Cross street is Grand Ave in Walnut Grove Business Park
Structural Information
- # Buildings: 1
- Sprinklers: Yes
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 5335
- Square Feet: 5,335
- Office: 460 Sq. Ft.
- Year Built: 2006
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 5.2798
- Useable Acres: 5.2798
- Lot Size (Sq. Ft.): 229,986
- Lot Size Source: Assessor
- Lot Features: 26-30 Units/Acre, Landscaped, Lawn, Sprinkler System
- Lot Description: 26-30 Units/Acre, Landscaped, Lawn, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $329
- Expenses: $23,805
- Operating Expenses: $23,805
- Tax Amount: $23,705
- Tax Year: 2024
Disclosures and Reports
- Investment: Yes
- Property ID: 5373033042
Listed by Keller Williams Realty, JUSTINCHU
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Schools
Schools serving 5087 Walnut Grove Ave
School District:San Gabriel Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, San Gabriel, CA 401 Walnut Grove Avenue, San Gabriel, CA 91776 | K-5 | 0.3 mi |
Jefferson Middle School, San Gabriel, CA 1372 East Las Tunas Drive, San Gabriel, CA 91776 | 6-8 | 0.6 mi |
Gabrielino High School 1327 South San Gabriel Boulevard, San Gabriel, CA 91776 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5087 Walnut Grove Ave
Date
Details
Price
Change
Source
10/23/2023
Price Reduced
$1,867,250
-6.07%
MLS
10/11/2023
Price Reduced
$1,987,997
—
MLS
10/03/2023
Price Reduced
$1,987,998
—
MLS
9/25/2023
Price Reduced
$1,987,999
—
MLS
9/19/2023
Price Reduced
$1,988,000
-0.5%
MLS
9/08/2023
Price Reduced
$1,998,000
-4.4%
MLS
8/28/2023
Price Increased
$2,090,000
11.93%
MLS
6/21/2023
Sold
$1,867,250
-13.35%
MLS
6/20/2023
Listed
$2,155,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5087 Walnut Grove Avenue, Rosemead, CA 91770 (MLS# WS23109796) is a Warehouse property that was sold on June 21, 2023. Want to learn more about 5087 Walnut Grove Avenue? Do you have questions about finding other Warehouse real estate for sale in Rosemead? You can browse all Rosemead real estate or contact a Coldwell Banker agent to request more information.

