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$1,850,000
Est. payment /mo
3,153 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26131892
HOA Y/N No
Year Built 1950
Lot Size 3,153 Sqft
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.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Interior
Fireplace No
Laundry Inside
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 2
Water Public
Others
Tax ID 5367011031
Special Listing Condition Standard
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Listed by Joshua McIntire McIntire Real Estate Inc. 818-618-7990, DRE #01851216
Nearby School & Business
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