Two-Story Retail and Office
193 W Las Tunas Dr San Gabriel, CA 91776
193 W Las Tunas Dr, San Gabriel, CA, 91776
$2,210,000
For Sale
$2,210,000
Two-story mixed-use building with four retail units and seven office suites, including one retail vacancy and walkable access.
Property Size7,500 SF
Price / SF$294.67
Days on Market49
Property Features for 193 W Las Tunas Dr
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1947
Listing agency
ColdwellBanker George Realty
(626) 589-5832
Listed by
Lily Yun · License #00947588
Source
Elliman
Added: Jun 4 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 5:32AM
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 ColdwellBanker George Realty
Investment Insights
Based on property information with market context.
This two-story mixed-use commercial building totals approximately 7,500 square feet and is set up for flexible income and occupancy. The ground floor features four retail units, including one currently available unit. The second floor provides seven individual office suites, with six suites of approximately 200 square feet and one suite of approximately 150 square feet, offering configurations suited to private offices, professional services, or co-working.
Located in the heart of San Gabriel, the property is positioned for visibility and day-to-day convenience. Reported accessibility scores include a walk score of 89 (very walkable), a bike score of 55 (bikeable), and a transit score of 39 (some transit), which can support tenant appeal for business uses that benefit from nearby foot traffic.
For tenants and owner-users, the mix of storefront and office spaces supports multiple operational needs in one building. For investors, the current structure includes both retail and office income streams, with one retail unit vacant to potentially accelerate leasing activity while maintaining the established suite layout upstairs.
Located in the heart of San Gabriel, the property is positioned for visibility and day-to-day convenience. Reported accessibility scores include a walk score of 89 (very walkable), a bike score of 55 (bikeable), and a transit score of 39 (some transit), which can support tenant appeal for business uses that benefit from nearby foot traffic.
For tenants and owner-users, the mix of storefront and office spaces supports multiple operational needs in one building. For investors, the current structure includes both retail and office income streams, with one retail unit vacant to potentially accelerate leasing activity while maintaining the established suite layout upstairs.
Key Highlights
- Two‑story mixed‑use commercial building (c. 1947) with approx. 7,500 SF
- Ground floor has four retail units, including one current retail vacancy
- Second floor includes seven office suites: six at approx. 200 SF and one at approx. 150 SF
Local 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 | $253.8k | $33.84 |
| − Vacancy | −$16.8k | −$2.23 |
| EGI | $237.0k | $31.61 |
| − OpEx | −$71.1k | −$9.48 |
| NOI | $165.9k | $22.12 |
7,500 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.37M
$2.07M – $2.77M
NOI $165,934 @ 7.0% cap · market cap 7.51%
Second Best
Office B
$2.34M
$2.05M – $2.73M
NOI $163,944 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$4.02M
$3.51M – $4.68M
NOI $281,083 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Princess Nails
Nail Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use building with four retail units and seven office suites, including one retail vacancy and walkable access.
Where is this mixed-use property located?
The property is located at 193 W Las Tunas Dr San Gabriel, CA.
What is the asking price?
The asking price for this property is $2,210,000.
What are key features of this property?
This property features: Two‑story mixed‑use commercial building (c. 1947) with approx. 7,500 SF; Ground floor has four retail units, including one current retail vacancy; Second floor includes seven office suites: six at approx. 200 SF and one at approx. 150 SF
