1341-1343 E Las Tunas Dr - Storefront Retail/Residential FOR SALE


San Gabriel, CA 91776
$1,150,000 USD
909-418-2071
1341-1343 E Las Tunas Dr, San Gabriel, CA for Sale
$1,150,000 USD
Storefront Retail/Residential - FOR SALE
1/35
null | 5.35% Cap Rate

1341-1343 E Las Tunas Dr
San Gabriel, CA 91776


OVERVIEW

CBRE is pleased to exclusively present a premier mixed-use income opportunity at 1341-1343 E Las Tunas Drive in San Gabriel, CA, offering a strong in-place income stream in the heart of the San Gabriel Valley. This well-positioned property sits at the intersection of two of the submarket's most commercially active corridors — E Las Tunas Drive and Rosemead Boulevard — delivering investors four residential units, one commercial office space with an established nail salon tenant, and an on-site billboard generating additional income. Currently generating a 5.35% cap rate with a 6.07% pro forma cap rate, the property presents an exceptional opportunity to capture up to 11% in rental upside potential by raising rents to market rates. Property Highlights Situated on a ±7,630 SF lot, 1341-1343 E Las Tunas Drive comprises ±1,840 SF of rentable space across four one-bedroom/one-bathroom residential floor plans averaging 460 SF each. The commercial office suite is currently operating as a nail salon, featuring 390 SF of functional retail space, a private restroom, storefront signage, and display window along E Las Tunas Drive — a high-traffic corridor averaging 30,968 daily vehicles — complemented by additional on-site billboard income. The residential units are complemented by a commercial office suite occupied by a nail salon tenant and an on-site billboard, creating a diversified, multi-stream income asset. Units feature functional kitchens with oven ranges and hoods, tile and laminate plank wood flooring, walk-in showers, horizontal blinds, clothing closets, and cabinet storage. Wall air conditioning and heating units provide year-round comfort. Common areas include lush mature landscaping and surface and off-street parking, with the property positioned directly across from Jefferson Middle School. Strategic Location & Connectivity San Gabriel sits at the geographic center of Los Angeles County's San Gabriel Valley, offering residents and tenants access to two of the region's most high-traffic retail corridors. E Las Tunas Drive and Rosemead Boulevard converge less than half a mile from the property, forming a densely anchored intersection with retail centers at all four corners, including a bank, bakery, fitness center, café, grocery store, restaurants, and boutique businesses. The I-10 and 210 Freeways are each within five miles, connecting residents to Downtown Los Angeles, Pasadena, and the broader Inland Empire. The El Monte Metrolink Station is approximately five miles away, and the L Line's Allen Station in Pasadena is roughly six miles to the north, extending access to Union Station and the regional rail network. The Shops at Santa Anita — the San Gabriel Valley's premier regional shopping destination — is just 3.3 miles away. Thriving Economy & Top Employers San Gabriel's economy is anchored by a dynamic mix of healthcare, financial services, education, retail, and public administration. Top employers in the immediate area include San Gabriel Valley Medical Center — a 273-bed acute care hospital approximately two miles from the property — California State University Los Angeles six miles west, and AHMC Healthcare, which operates a network of community hospitals across the valley. East West Bank and Cathay Bank, two of the nation's leading Asian American commercial banks, maintain significant operations throughout the San Gabriel Valley, supporting a robust professional and financial services sector. The City of San Gabriel anchors the area's public administration employment base. This diverse mix of institutional employers, healthcare anchors, and financial institutions sustains a stable and resilient tenant base across the submarket. Stabilized Investment Opportunity 1341-1343 E Las Tunas Drive is a stable income-producing asset in the San Gabriel Valley, promising a strong return on investment in one of Los Angeles County's most established communities. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,630 SF

ZONING

SLC1*

APN/PARCEL ID

5387-009-006

ASK ABOUT THIS PROPERTY

Eric ChenCBRE, Inc.More Info
909-418-2071

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Eric ChenCBRE, Inc.More Info
909-418-2071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.