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    Renovated Office Suite with Parking Title is generated by Realmo AI

    616 S Del Mar, San Gabriel, CA 91776

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    New
    For Lease
    $1,230/Mo $26 SF/Yr (calc)

    Bright 547 SF suite in a newly remodeled building with ample onsite parking and strong visibility on Del Mar Avenue.

    Type:Commercial
    Property size:
    547 SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 3:05 am

    Property Features for 616 S Del Mar

    General Information

    Standard status
    Active
    Size
    547 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1992

    We can help!

    Listing Contact
    Victor Tung

    Listing agent Victor Tung

    Listing office

    Listing date Jun 4, 2026

    Source Elliman

    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 Victor Tung

    HighLights

    • 547 SF first‑floor office suite for lease in San Gabriel
    • Located at 616 S Del Mar Ave with high‑visibility frontage on Del Mar Avenue
    • Newly remodeled building with abundant natural light
    • Plentiful on‑site parking for staff and clients
    • Situated across from the San Gabriel Police Department
    • Minutes to Las Tunas Dr, Valley Blvd, and the Mission District

    Overview

    This lease space offers 547 square feet of office area within a newly remodeled building. The suite is described as bright and versatile, with abundant natural light that supports a professional, patient, or client-facing environment. The property also highlights ample onsite parking for staff and visitors.

    Located at 616 S Del Mar Ave in San Gabriel, the building is positioned for visibility and day-to-day accessibility along Del Mar Avenue. The remarks note proximity to Las Tunas Drive and Valley Boulevard, and that the Mission District is minutes away. Additional context includes the property being directly across from the San Gabriel Police Department.

    The space is presented as a fit for professional services, medical, or creative use, with the combination of natural light and parking aimed at supporting clients and appointments. With the location on a busy thoroughfare and clear access for visitors, this suite may work well for teams looking for an established, easily found address in San Gabriel.
    Location Intelligence

    Current Use by Public Records

    San Gabriel Valley ... Physician Shining Acupuncture & Herb Medical Clinic Home Instead Home Health Care Service FLIHH Holistic Wellness ... Wellness Program DF办公室 Immigration & Naturalization Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Gabriel
    County
    Los Angeles
    State
    California
    Longitude
    -118.099277
    Latitude
    34.094511

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    FAQs

    What type of property is this?
    Office units - Bright 547 SF suite in a newly remodeled building with ample onsite parking and strong visibility on Del Mar Avenue.
    Where is this office units located?
    The property is located at 616 S Del Mar San Gabriel, CA.
    What is the lease rate?
    The lease rate is $1,230 /Mo.
    What are key features of this property?
    This property features: 547 SF first‑floor office suite for lease in San Gabriel; Located at 616 S Del Mar Ave with high‑visibility frontage on Del Mar Avenue; Newly remodeled building with abundant natural light
    (626) 688-1028
    We can help!
    Listing Contact
    Victor Tung
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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