Mixed-Use Property with
For Sale
Contact for pricing
1343 East Las Tunas Drive, San Gabriel, CA 91776
Income-producing property combines residential units, a commercial suite, and billboard revenue in San Gabriel.
Property Size1,840 SF
Lot Size0.18 Acres
Price / SF$625
Days on Market10
Property Features for 1343 East Las Tunas Drive
General Information
Standard status
Active
Size
1,840 SF
Net Rentable
1,840 SF
Total Parking Spaces
6
Lot size
0.18 Acres
Property subtype
Retail, Multifamily
Investment Type
Value Add
Net Operating Income
$61,486
Site & Location
Traffic Count
30,968 vehicles/day
Highway Access
Yes
Public Transit
Yes
Additional Details
Cap Rate
5.35%
Office Units
1
Amenities
lush mature landscaping
storefront signage
display window
Building Details
Year Built
1949
Buildings
2
Units
4
Tenancy
Multi
Listing Agency:
CBRE - Ontario
(626) 757-5717
Listed By:
Eric Chen · License #CA 01489184
Source:
Crexi
Added: Aug 13
Changed: Aug 18
Last Checked: Aug 22 at 7:19AM
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.
This mixed-use property in San Gabriel includes four one-bedroom, one-bath residential units plus a 390-square-foot commercial suite currently operating as a nail salon. The residential floor plans average approximately 460 square feet, with kitchens equipped with oven ranges and hoods, tile or laminate plank flooring, walk-in showers, storage cabinetry, closets, blinds, and wall-mounted heating and air conditioning. The commercial space includes a private restroom, storefront signage, and a display window. An on-site billboard adds another income component.
The property occupies approximately 7,630 square feet at 1343 East Las Tunas Drive, near Rosemead Boulevard and across from Jefferson Middle School. E Las Tunas Drive carries an average of 30,968 vehicles daily. Surface and off-street parking serve the property, while mature landscaping enhances the shared exterior areas. I-10 and 210 are each within five miles, and the El Monte Metrolink Station is approximately five miles away. The asset was built in 1949 and reports a 5.35% cap rate with a 6.07% pro forma cap rate.
The property occupies approximately 7,630 square feet at 1343 East Las Tunas Drive, near Rosemead Boulevard and across from Jefferson Middle School. E Las Tunas Drive carries an average of 30,968 vehicles daily. Surface and off-street parking serve the property, while mature landscaping enhances the shared exterior areas. I-10 and 210 are each within five miles, and the El Monte Metrolink Station is approximately five miles away. The asset was built in 1949 and reports a 5.35% cap rate with a 6.07% pro forma cap rate.
Key Highlights
- Four one‑bedroom, one‑bath residential units averaging approximately 460 SF each
- 390 SF commercial suite with private restroom, storefront signage, and display window
- On‑site billboard provides an additional income stream
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,709
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,180
$814.2K
Cap Rate 7%
$581,557
$581.6K
Cap Rate 9%
$452,322
$452.3K
Market Conditions
NOI Build-Up for 1,840 SF
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.
Gross rent
$62.3K $33.84/SF
− Vacancy
−$4.1K −$2.23/SF
EGI
$58.2K $31.61/SF
− OpEx
−$17.4K −$9.48/SF
NOI
$40.7K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$814,180
Cap Rate 7%
$581,557
Cap Rate 9%
$452,322
Alternative Uses
Best Use
Retail
$581.6K
$508.9K – $678.5K
NOI $40,709 @ 7.0% cap · market cap 3.54%
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
Property Profile
Current Use
Lease Details
1
Office 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 91776, CA
38,031
Population
12,806
Households
3
Avg Household Size
42
Median Age
29%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
11,525
Density / Sq Mi
$79,926
Median Household Income
$37,548
Median Earnings
$1,825
Median Rent
$816,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing property combines residential units, a commercial suite, and billboard revenue in San Gabriel.
Where is this mixed-use property located?
The property is located at 1343 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: Four one‑bedroom, one‑bath residential units averaging approximately 460 SF each; 390 SF commercial suite with private restroom, storefront signage, and display window; On‑site billboard provides an additional income stream
