121 E Las Tunas, San Gabriel, CA 91776

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
AR26131892
Year Built
1950
Lot Size
3,154
Acres
0.07
Lot Location
0-1 Unit/Acre, Corner Lot
Days on Market
44
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
Attached Structure
Detached

Listing courtesy of Listing Agent: Joshua McIntire (info@mcintireRE.com) from Listing Office: McIntire Real Estate Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.