Mixed-Use Income Property with
For Sale
$1,150,000
1341 East Las Tunas Drive, San Gabriel, CA 91775
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 Market94
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
Financials
Cap Rate
5.35%
Business Included
No
Site & Location
Traffic Count
30,968 vehicles/day
Highway Access
Yes
Units
Multifamily Units
4
Office Units
1
Amenities
lush mature landscaping
surface parking
off-street parking
wall air conditioning and heating
Building Details
Tenancy
Multi
Listing Agency:
CB RICHARD ELLIS
Listed By:
Eric Chen · License #01489184
(909) 418-2071
Source:
Cbre
Added: Jul 27
Changed: Oct 27
Last Checked: Oct 28 at 4:41AM
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 CB RICHARD ELLIS
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$40,221
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,420
$804.4K
Cap Rate 7%
$574,586
$574.6K
Cap Rate 9%
$446,900
$446.9K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$70.7K $38.40/SF
− Vacancy
−$17.0K −$9.25/SF
EGI
$53.6K $29.15/SF
− OpEx
−$13.4K −$7.29/SF
NOI
$40.2K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,420
Cap Rate 7%
$574,586
Cap Rate 9%
$446,900
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
4
Residential units
30,968 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,082
Businesses Nearby
Explore this area
Business Placement
Demographics for 91775, CA
24,252
Population
8,905
Households
2.7
Avg Household Size
43
Median Age
52%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
7,823
Density / Sq Mi
$113,703
Median Household Income
$52,343
Median Earnings
$2,068
Median Rent
$1,042,600
Median Home Value
Market
Vacancy Rate% for Office in West region
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
