Mixed-Use Retail Building with Three
121 E Las Tunas San Gabriel, CA 91776
121 E Las Tunas, San Gabriel, CA, 91776
$1,850,000
For Sale
$1,850,000
Three configurable retail units, including a stabilized tenant and a separate owner-occupied space deliverable vacant.
Property Size3,871 SF
Price / SF$477.91
Days on Market32
Property Features for 121 E Las Tunas
General Information
- Standard status
- Active
- Size
- 3,871 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agency
McIntire Real Estate Inc.
(818) 618-7990
Listed by
Joshua McIntire
(818) 618-7990
Source
Elliman
Added: Jun 21 Updated: Jul 21 at 4:50PM Checked: Jul 21 at 4:50PM
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 McIntire Real Estate Inc.
Investment Insights
Based on property information with market context.
121-123 E. Las Tunas Drive is a mixed-use retail building totaling approximately 3,871 SF and featuring three configurable units. One unit is occupied by a long-tenured commercial tenant on a stabilized lease. A second unit is on a month-to-month basis. The third unit is an owner-occupied space of approximately 1,935 SF that can be delivered vacant or with a negotiated short-term leaseback.
The property is located in San Gabriel, CA along E. Las Tunas Drive. Convenience is supported by strong walkability (Walk Score 89) and moderate bikeability (Bike Score 55), with some transit access indicated by a Transit Score of 39.
For buyers seeking a multi-unit retail setup, the existing occupancy structure provides a mix of stabilized and short-term income profiles, with the owner-occupied unit offering flexibility for delivery timing.
The property is located in San Gabriel, CA along E. Las Tunas Drive. Convenience is supported by strong walkability (Walk Score 89) and moderate bikeability (Bike Score 55), with some transit access indicated by a Transit Score of 39.
For buyers seeking a multi-unit retail setup, the existing occupancy structure provides a mix of stabilized and short-term income profiles, with the owner-occupied unit offering flexibility for delivery timing.
Key Highlights
- Mixed‑use building with approximately 3,871 SF across three configurable retail units
- Includes a long‑tenured commercial tenant on a stabilized lease
- One unit is month‑to‑month, plus a separate 1,935 SF owner‑occupied space deliverable vacant or with a negotiated short‑term leaseback
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 | $131.0k | $33.84 |
| − Vacancy | −$8.6k | −$2.23 |
| EGI | $122.3k | $31.61 |
| − OpEx | −$36.7k | −$9.48 |
| NOI | $85.6k | $22.12 |
3,871 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.22M
$1.07M – $1.43M
NOI $85,644 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $145,076 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Galvin's Time Repair
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- ORCHID BOUTIQUE — 272 S San Gabriel Blvd, San Gabriel, CA 91776
- Flower Delivery San Gabriel — 245 w angeleno ave, san gabriel, ca 91776
- Flower Delivery San Gabriel — 246 w angeleno ave, san gabriel, ca 91776
- Flower Delivery San Gabriel
- Far East Florist — 401 S San Gabriel Blvd, San Gabriel, CA 91776
FAQs
What type of property is this?
Storefront property - Three configurable retail units, including a stabilized tenant and a separate owner-occupied space deliverable vacant.
Where is this storefront property located?
The property is located at 121 E Las Tunas San Gabriel, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Mixed‑use building with approximately 3,871 SF across three configurable retail units; Includes a long‑tenured commercial tenant on a stabilized lease; One unit is month‑to‑month, plus a separate 1,935 SF owner‑occupied space deliverable vacant or with a negotiated short‑term leaseback
