BROKER OF RECORD251 S. Lake Avenue, Suite 320Pasadena, CA 91101DRE: 01444805
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LIE JUAN YANG
PO Box 245
Rosemead, CA 91770
2
STEVE CHANG Senior Partner
626.381.9885 Direct
626.491.2668 Mobile
DRE # 02028509
4342 Peck Road
El Monte, CA 91732
8548-001-012
1948
2,600
14,504
EMC3*
4
LIST PRICE: $968,000 ($372.31/SF)
1948/2014YEAR BUILT/RENOVATED
5
6
7
AGGREGATE INVESTMENT PARTNERS of KW Commercial is proud to
exclusively present the opportunity to purchase this commercial
property at 4342 Peck Road in El Monte, CA. The property is located in
prime north El Monte, just north of Ramona Blvd and the 10 freeway. To
be delivered vacant - perfect for an owner/user or an investor. The
property’s C3/MMU zoning provides a wide range of usage, such as retail
store, restaurant, professional office, and etc. The large private yard is
ideal for a contractor’s yard, or businesses that require a secured parking
lot. Furthermore, the property may offer potential for redevelopment
(buyer to verify with the city). Property sold “As-is”, seller will not make or
pay for any repairs/replacements.
4342 Peck Road has a total building size of ±2,600 SF, sitting on a huge
±14,504 SF lot. The 1st building is ±800 sq. ft., with a large office/retail
space and a restroom. The 2nd building is ±1,800 sq. ft., with 2 offices, a
garage/storage, small kitchen, and a restroom. The property was
completely renovated by the previous owner in 2015. The property
features: 75’ of street frontage (on Peck Road), street signage, 2 drive-in
gates on the front and side of the building, large private yard, and 8
parking spaces. Buyer to verify all information herein. Broker/Agent and
Seller does not guarantee its accuracy.
o COMMERCIAL PROPERTY IN NORTH EL MONTE
o LARGE PRIVATE YARD
o C3/MMU ZONING PROVIDES WIDE USAGE
o STREET SIGNAGE AND 75’ FRONTAGE ON PECK ROAD
o COMPLETELY RENOVATED IN 2015
o POTENTIAL FOR REDEVELOPMENT (BUYER TO VERIFY WITH CITY)
2 restrooms.
2014.
MOOSE LODGE
NORWOOD LIBRARY
LAURA’S INCOME
TAX SERVICE
CEREZO BAKERY
SLAVES TO INK
TAEKWONDO
ACADEMY
CRESPO COMPUTER
CASA DEL PRADO
APARTMENTS
FLO’S COFFEE SHOP
CHUCK E CHEESE
DOMINO’S PIZZA
HINGLE FARM
LAMBERT PARK
XPRESS BURGERS
WES’S PETS & FEEDS
EL MONTE
AUTOMOTIVE
POST PIZZA
DORRIS DANN
KIDS CAMPUS
As the San Gabriel Valley continues to grow so does the City of El Monte through new businesses and quality
housing. Many public improvements are underway to provide an attractive and safe environment for its economic
growth. El Monte has maintained a reputation for a "business friendly attitude" by attracting commercial and retail
businesses as well as international corporations through its Foreign Trade Zone.
Located approximately 12 miles east of downtown Los Angeles, El Monte is the hub of the San Gabriel Valley, where
two major freeways - Interstates 605 and 10 - intersect and is the ninth largest city (out of 88) in Los Angeles County
with a population of approximately 120,000.
The land uses within its 10 square mile area are 58% residential, 11% retail, 10% industrial, 7% office/retail, and 14%
other of amenities. El Monte also has an ethnically diverse and dynamic population with 72% Hispanic, 18% Asian,
and 7% White.
The property is conveniently located near Northgate Market, CVS, Sam’s Club, and Lambert Park. This location
provides easy access to the 10 and 605 freeways, and within minutes’ drive to neighboring cities Arcadia, Temple
City, and Rosemead.
# EMPLOYERS EMPLOYEES
1 El Monte City School District 731
2 El Monte Union High School 623
3 Mountain View Elementary School District 670
4 Longo Toyota-Lexus 475
5 City of El Monte 429
6 Driftwood Dairy 300
7 El Monte Adult School 300
8 San Gabriel Transit 300
9 M.C. Gill 250
Other business tools include business financing through Grow El
Monte, a pro-active Chamber of Commerce, and a Recycling Market
Development Zone. Several trade and professional colleges are also
located in the city, providing workforce education to support local
businesses.
El Monte is also home to Longo Toyota, the number one auto dealer
in the United States by sales and volume. Other major retail
businesses include Home Depot, Sam's Club, and Sears Essentials.
Major industries include the Von's Distribution Warehouse, Wells
Fargo Operations Center, and regional offices for East West and
Cathay Banks.
The El Monte Planning Commission signed off on a project which would replace a
surface parking lot just north of the 10 Freeway with a hulking mixed-use complex.
The project, slated for a 3.58-acre site at 3333-3335 Santa Anita Avenue, is the
signature component of the Gateway Specific Plan which surrounds Metro's El
Monte Station - the largest bust terminal west of the Mississippi River. Its
developer, Sherman Oaks-based Grapevine Development, has proposed the
construction of a 12-story, 157-foot-high building containing:
• a 175-room hotel
• approximately 235,000 square feet of retail and office space
• a 37,000-square-foot gym; and
• parking for 1,104 vehicles.
Renderings of the proposed development, called "The Vine at The Gateway," depict
a boxy mid-rise structure featuring a three-level retail concourse capped by a
Marriott Residence Inn hotel. AO, formerly known as Architects Orange, is
designing the building, which would employ a mix of materials including glass,
metal panels, stone, aluminum, and wood.
Parking for the Vine is to be located on eight levels, including two below-ground
and six above-grade. The garage would be largely blocked from view by decorative
screens and habitable spaces placed along street frontages. The City of El Monte
has granted the project an exemption from further review under the California
Environmental Quality Act. A listing for commercial space on the property lists the
completion date for the Vine as sometime in 2024.
On a 2.3-acre parcel next to the El Monte Bus Station, concrete and rebar are now
rising for a mixed-use development known as The Paseo at the Gateway.
The project, which is being developed by Grapevine Advisors, will consist of a four-
story building on a featuring 208 market-rate apartments and 25,000 square feet of
ground-floor retail space. Plans call for a mix of studio, one-, and two-bedroom
apartments - each of which will come with a stainless steel appliance package and in-
unit washer-dryer sets.
SVA Architects is designing the project, which will sit atop two levels of parking - one
of which will be located underground - and feature a podium-level amenity deck.
Wide sidewalks will wrap around the low-rise structure, creating space for outdoor
dining and seating. The project will also connect to a nearby bike trail along the path
of the Rio Hondo.
The Paseo is budgeted at approximately $99 million.
The project is the second phase of a 60-acre planned development to the north of the
El Monte Bus Station, which rises on the former El Monte city yard. Construction is
already complete for a 132-unit affordable apartment building on an adjacent parcel.
LIE JUAN YANG
PO Box 245
Rosemead, CA 91770
STEVE CHANG Senior Partner
Director
626.381.9885 Direct
626.491.2668 Mobile
DRE # 02028509