El Monte Retail for Sale - Western SGV
SELLER MAY CARRY! Growth Investment Group California is pleased to present Valley Boulevard Development - 12207-12213 Valley Blvd and 3122 Maxson Rd, a single tenant automotive dealership located along the well-known Valley Blvd in El Monte, CA. This is the first time these properties ever offered for sale since the owner bought the first one in 1979 (±45 years). This property offers a unique opportunity for savvy developers providing a clean slate redevelopment project. Situated on a large ±1.3-acre (±56,898 SF) corner lot, the site boasts approximately ±183 feet of prime street frontage along the highly sought-after Valley Blvd. This area is renowned for its rapid redevelopment, with many significant projects either completed or in progress. Recent residential condominiums’ sales comparable show attractive sold condo prices ranging from $645,000 to $742,000 per condo (MLS sales comps from May 2024 - buyer to verify). The property is zoned C3 (Commercial Mixed-Use, buyer to verify), offering a variety of potential uses, including residential (R4) and commercial (refer to Development Guidelines for details). The site benefits from a daily traffic count of approximately ±23,380 vehicles on Valley Blvd and ±214,000 VPD on 10FWY, providing superb exposure. Valley Blvd serves as the primary retail corridor for several cities in the San Gabriel Valley, including Alhambra, San Gabriel, Rosemead, and El Monte. The flow of both foreign capital and local investments has fueled rapid growth and development in the region over the past decade.
Currently, the property houses a single-story car dealership and auto-body shop totaling ±9,389 SF, divided into several units. The anchor tenant, Lucy’s Auto Dealership, occupies about 85% of the space (±8,000 SF), with the remaining area leased to an auto-body shop. The property includes expansive parking, adding further value to the investment.
The C3 zoning allows for a wide range of redevelopment options. Potential uses include mixed-use residential, retail and office spaces, community care facilities, assembly & entertainment venues, and more. A buyer may also consider subdividing the lot for residential development on one parcel while maintaining commercial use on another, or even redeveloping the site into a hotel. Buyers should conduct their own investigations with the city of El Monte to explore specific opportunities.
The property is strategically located along Valley Blvd, a major retail corridor in the west San Gabriel Valley, which is particularly popular among affluent Asian investors from China, Taiwan, and Vietnam. These investors have heavily contributed to the region's growth, with numerous multi-million-dollar mixed-use, hospitality, and retail developments underway. Notable recent projects in the vicinity include the Hyatt Hotel (101-111 W Valley Blvd), Sheraton Hotel (205 E Valley Blvd), Hilton Hotel (225 W Valley Blvd), and several large residential and retail developments (see nearby projects page for more details).
LOCATION, AMENITIES, AND ACCESS
Valley Blvd is not only a commercial hub but also a cultural center. The San Gabriel Valley Lunar New Year Parade and Festival, once co-hosted by Alhambra and San Gabriel, remains a major annual event in the region, now hosted by Alhambra alone. The celebration draws significant attention from the local Asian American community and is broadcasted widely, reinforcing the area's cultural significance and community engagement.
This prime location provides excellent access to nearby retail, residential, and hospitality developments, positioning it for continued growth and investment potential.
