Company Profile: 9443 Valley Blvd, Rosemead, CA 91770
Background
The property located at 9443 Valley Blvd, Rosemead, CA 91770, is a mixed-use building constructed in 1926. It comprises two units: a 672 sq. ft. front unit and a 576 sq. ft. rear residential unit with two bedrooms and one bathroom. Additionally, there is a separate standalone building at 9445 Valley Blvd, a 240 sq. ft. studio. All three units have been recently remodeled, featuring new paint, flooring, cabinets, appliances, and a newly paved parking area.
Key Strategic Focus
The property's strategic focus is on providing modernized residential and commercial spaces in a prime location. The recent renovations aim to attract tenants seeking updated amenities in a central area. The mixed-use nature of the property allows for a combination of residential and commercial tenants, enhancing its appeal and potential rental income.
Financials and Funding
The property was last sold on November 10, 2021, for $770,000. The assessed value for 2024 was $801,108, with property taxes amounting to $10,546. These figures indicate a stable investment with potential for appreciation, especially considering the recent upgrades and prime location.
Pipeline Development
There are no publicly available details regarding future development plans or pipeline projects for this property.
Technological Platform and Innovation
The property has been updated with modern amenities, including new appliances and a newly paved parking area, enhancing its appeal to potential tenants. However, specific technological platforms or proprietary technologies utilized are not detailed in the available information.
Leadership Team
Specific information about the ownership or management team of the property is not publicly disclosed.
Competitor Profile
Market Insights and Dynamics
Rosemead, CA, is a city in Los Angeles County with a median listing price of $865,000 and a median sale price of $879,000. The average days on market for properties is 67. The area is characterized by a mix of residential and commercial properties, with a demand for updated spaces in prime locations.
Competitor Analysis
The property faces competition from other mixed-use buildings and residential units in the Rosemead area. Properties such as 9443 Rhone Valley Way, Elk Grove, CA 95624, and 9443 Siskin Ave, Fountain Valley, CA 92708, offer similar amenities and have been recently sold, indicating active market dynamics.
Strategic Collaborations and Partnerships
There is no publicly available information regarding strategic collaborations or partnerships associated with this property.
Operational Insights
The property's recent renovations and prime location provide a competitive advantage in attracting tenants seeking modernized spaces. The mixed-use nature allows for diversified rental income streams, enhancing its operational stability.
Strategic Opportunities and Future Directions
Opportunities for the property include further enhancing its appeal through additional amenities or services, exploring potential for expansion, and leveraging its location to attract a broader tenant base. The current strengths position the property well to achieve future objectives in the competitive Rosemead real estate market.
Contact Information
Specific contact details for the property are not publicly disclosed.