Mixed-Use Retail and Apartment
318 S Pico San Jacinto, CA 92583
For Sale
$1,329,500
Downtown San Jacinto investment opportunity with retail and residential units.
Property Size5,300 SF
Price / SF$250.85
Days on Market95
Property Features for 318 S Pico
General Information
Standard status
Active
Size
5,300 SF
Property subtype
Investment
Building Details
Year Built
1928
Listing Agency:
(626) 918-7251
Listed By:
Jose Gutierrez · License #00541345
(626) 918-7251
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 8:37AM
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 Jose Gutierrez
Investment Insights
Based on property information with market context.
This investment opportunity features a mixed-use property in Downtown San Jacinto, California, comprising two retail spaces and four apartment units. The property includes approximately 2,300 square feet of rentable retail space, currently occupied by a restaurant and a beauty salon. Additionally, there are four apartment units, consisting of two two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units, totaling approximately 3,000 square feet of rentable space. The property is centrally located within San Jacinto's Downtown corridor, at the intersection of Ramona Blvd, Main Street, and San Jacinto Avenue. The property is being sold in 'AS IS' condition. The bike score is 59, indicating it is bikeable, and the walk score is 68, indicating it is somewhat walkable.
Key Highlights
- Investment opportunity with two retail spaces and four apartment units.
- Located in Downtown San Jacinto, California.
- Value‑add potential.
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 | $114.5k | $21.60 |
| − Vacancy | −$6.0k | −$1.12 |
| EGI | $108.5k | $20.48 |
| − OpEx | −$32.6k | −$6.14 |
| NOI | $76.0k | $14.33 |
5,300 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.09M
$949.6K – $1.27M
NOI $75,969 @ 7.0% cap · market cap 5.71%
Second Best
Mixed Use
$701.3K
$613.6K – $818.2K
NOI $49,091 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,145 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown San Jacinto investment opportunity with retail and residential units.
Where is this mixed-use property located?
The property is located at 318 S Pico San Jacinto, CA.
What is the asking price?
The asking price for this property is $1,329,500.
What are key features of this property?
This property features: Investment opportunity with two retail spaces and four apartment units.; Located in Downtown San Jacinto, California.; Value‑add potential.
