12-Unit Shopping Center
100 N 2nd La Puente, CA 91744
100 N 2nd, La Puente, CA, 91744
$3,600,000
For Sale
$3,600,000
Twelve-unit shopping center/plaza with building space and stated potential to expand up to 38 units pending City approval.
Property Size10,782 SF
Lot Size0.84 Acres
Price / SF$333.89
Days on Market38
Property Features for 100 N 2nd
General Information
- Standard status
- Active
- Size
- 10,782 SF
- Lot size
- 0.84 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing agency
TRT CAPITAL
(626) 890-9783
Listed by
Arturo Aleman · License #01152324
(626) 890-9783
Source
Elliman
Added: Jun 14 Updated: Jul 20 at 11:51PM Checked: Jul 21 at 6:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TRT CAPITAL
Investment Insights
Based on property information with market context.
This for-sale property is a 12-unit shopping center/plaza configured on a 36,630 square foot site with 10,782 square feet of building space. The offering is presented as having both current income potential and the possibility for additional development.
The property is located in La Puente, next to City Hall, in the heart of the community, with additional nearby development mentioned in the remarks. BikeScore is listed as 44 (Somewhat Bikeable) and WalkScore as 69 (Somewhat Walkable).
The remarks also indicate potential to build up to 38 units; buyers are directed to contact the City of La Puente for verification and development requirements.
The property is located in La Puente, next to City Hall, in the heart of the community, with additional nearby development mentioned in the remarks. BikeScore is listed as 44 (Somewhat Bikeable) and WalkScore as 69 (Somewhat Walkable).
The remarks also indicate potential to build up to 38 units; buyers are directed to contact the City of La Puente for verification and development requirements.
Key Highlights
- 12‑unit shopping center/plaza on a 36,630 sq. ft. site
- Includes 10,782 sq. ft. of building space
- Stated potential to build up to 38 units, pending City of La Puente approval and requirements
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $364.9k | $33.84 |
| − Vacancy | −$24.1k | −$2.23 |
| EGI | $340.8k | $31.61 |
| − OpEx | −$102.2k | −$9.48 |
| NOI | $238.5k | $22.12 |
10,782 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.41M
$2.98M – $3.98M
NOI $238,547 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.77M
$5.05M – $6.73M
NOI $404,085 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
What type of property is this?
Shopping center - Twelve-unit shopping center/plaza with building space and stated potential to expand up to 38 units pending City approval.
Where is this shopping center located?
The property is located at 100 N 2nd La Puente, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 12‑unit shopping center/plaza on a 36,630 sq. ft. site; Includes 10,782 sq. ft. of building space; Stated potential to build up to 38 units, pending City of La Puente approval and requirements
