Mixed-Use Income Property with
1341 East Las Tunas Drive San Gabriel, CA 91775
New
For Sale
$1,150,000
Mixed-use building with four residential units, a 390 SF nail salon office suite, and an on-site billboard.
Property Size1,840 SF
Lot Size0.18 Acres
Price / SF$625
Days on Market3
Property Features for 1341 East Las Tunas Drive
General Information
Standard status
Active
Size
1,840 SF
Lot size
0.18 Acres
Property subtype
Multifamily
Listing Agency:
CBRE - Ontario
(909) 418-2071
Listed By:
Eric Chen · License #01489184
(909) 418-2071
Source:
Cbre
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 4:54AM
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 CBRE - Ontario
Investment Insights
Based on property information with market context.
1341-1343 E Las Tunas Drive presents a mixed-use income property combining four one-bedroom, one-bathroom residential floor plans with a ground-floor commercial office suite currently operating as a nail salon, plus an on-site billboard income stream. The residential units total approximately 1,840 rentable square feet across four ~460 SF layouts, and include functional kitchens with oven ranges and hoods, tile and laminate plank flooring, walk-in showers, horizontal blinds, and built-in closet and cabinet storage, along with wall air conditioning and heating. Common areas are complemented by mature landscaping and surface and off-street parking.
The commercial suite provides 390 SF of functional retail space with a private restroom, storefront signage, and display windows along E Las Tunas Drive. The property is positioned directly across from Jefferson Middle School, and is described as being on a high-traffic corridor averaging 30,968 daily vehicles. An on-site billboard further diversifies income.
The property sits on a ±7,630 SF lot and is located less than half a mile from the E Las Tunas Drive and Rosemead Boulevard intersection, with I-10 and 210 freeway access each within five miles. The El Monte Metrolink Station is approximately five miles away, with the L Line’s Allen Station in Pasadena roughly six miles to the north.
The commercial suite provides 390 SF of functional retail space with a private restroom, storefront signage, and display windows along E Las Tunas Drive. The property is positioned directly across from Jefferson Middle School, and is described as being on a high-traffic corridor averaging 30,968 daily vehicles. An on-site billboard further diversifies income.
The property sits on a ±7,630 SF lot and is located less than half a mile from the E Las Tunas Drive and Rosemead Boulevard intersection, with I-10 and 210 freeway access each within five miles. The El Monte Metrolink Station is approximately five miles away, with the L Line’s Allen Station in Pasadena roughly six miles to the north.
Key Highlights
- Mixed‑use property on a ±7,630 SF lot with four residential units plus a 390 SF commercial office suite and an on‑site billboard
- Current 5.35% cap rate and 6.07% pro forma cap rate, with potential rental upside up to 11% by raising rents to market rates
- Four 1BD/1BA units with functional kitchens (oven ranges and hoods), walk‑in showers, and wall A/C and heating; averaging 460 SF per unit
Financial Insights For Office B
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 | $70.7k | $38.40 |
| − Vacancy | −$17.0k | −$9.25 |
| EGI | $53.6k | $29.15 |
| − OpEx | −$13.4k | −$7.29 |
| NOI | $40.2k | $21.86 |
1,840 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$574.6K
$502.8K – $670.4K
NOI $40,221 @ 7.0% cap · market cap 3.50%
Second Best
Mixed Use
$532.3K
$465.8K – $621.0K
NOI $37,260 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$985.1K
$862.0K – $1.15M
NOI $68,959 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with four residential units, a 390 SF nail salon office suite, and an on-site billboard.
Where is this mixed-use property located?
The property is located at 1341 East Las Tunas Drive San Gabriel, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Mixed‑use property on a ±7,630 SF lot with four residential units plus a 390 SF commercial office suite and an on‑site billboard; Current 5.35% cap rate and 6.07% pro forma cap rate, with potential rental upside up to 11% by raising rents to market rates; Four 1BD/1BA units with functional kitchens (oven ranges and hoods), walk‑in showers, and wall A/C and heating; averaging 460 SF per unit
