121 E Las Tunas, San Gabriel, CA 91776

$1,850,000

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List Agent Joshua McIntire () 818-618-7990 McIntire Real Estate Inc.; CoList ()

List Price
$1,850,000
Status
ACTIVE
MLS#
AR26131892
Year Built
1950
Lot Size
3,154
Lot Location
0-1 Unit/Acre, Corner Lot
Days on Market
46
Property Type
Commercial
Property Sub Type
Retail

Property Description

121-123 E. Las Tunas Drive is a mixed-use building of approximately 3,871 SF — the largest asset in the portfolio — in the heart of the San Gabriel storefront retail corridor, a dense and walkable trade area of family-owned commerce. The building comprises three configurable units: a long-tenured commercial tenant on a stabilized lease, a month-to-month unit, and a 1,935 SF owner-occupied space deliverable vacant or with a negotiated short-term leaseback. This is the portfolio's headline value-add story. Pro forma market rent is roughly 3.7 times current in-place income, with a clear path to repositioning and an exit to stabilized buyers.

Additional Information

Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.