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    Two-Story Mixed-Use Retail Office Building Title is generated by Realmo AI

    193 W Las Tunas Drive, San Gabriel, CA 91776

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    For Sale
    $2,210,000

    Commercial Sale - San Gabriel, CA

    Property size:
    7,500 SF
    Price / SF:
    $294/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 193 W Las Tunas Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    5363031016
    Size
    7,500 SF

    Building Details

    Year built
    1947
    Architectural style
    Other

    We can help!

    Listing Contact
    Lily Yun

    Listing agent Lily Yun License #00947588

    Listing office High Ten Partners, Inc. 1611 S. Garfield Ave., Alhambra, CA

    Listing date Jun 4, 2026

    MLS# AR26120774 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑story mixed‑use commercial building built in 1947 in San Gabriel
    • Approx. 7,500 SF total with four retail units on the ground floor
    • One retail unit is currently vacant, creating immediate leasing potential
    • Second‑floor office space includes seven suites: six around 200 SF and one around 150 SF
    • Seven office suites offer flexible use for private offices, professional services, or co‑working

    Overview

    This two-story mixed-use commercial building offers a combined retail and office layout totaling four retail units on the ground floor and seven individual office suites on the second floor. The ground level includes one current vacancy, creating immediate space for a new retail tenant. Upstairs, the office portion is divided into suites including six suites of approximately 200 square feet and one suite of approximately 150 square feet, suitable for private offices, professional services, or other office-oriented uses.

    Located at 193 W Las Tunas Drive in San Gabriel, California, the property is presented as a high-visibility commercial asset in a business corridor setting. The offering is structured as a for-sale investment with an income component from the existing mix of tenants and suites, along with the opportunity to lease the vacant retail unit.

    For tenants and buyers seeking a versatile property that supports both retail activity below and office usage above, this configuration can fit a range of operators. Retail businesses can take advantage of the ground-floor storefront placement, while service providers and office users can occupy smaller, suite-based spaces on the second floor. Owner-users who want to combine revenue generation with on-site operations may also find the unitized office plan practical for their needs.

    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 (±1% cap)
    NOI $165,934 @ 7.0% cap · market cap 7.51%
    Second Best
    Office B
    $2.34M
    $2.05M – $2.73M (±1% cap)
    NOI $163,944 @ 7.0% cap · market cap 7.42%
    Theoretical Best
    Office A
    $4.02M
    $3.51M – $4.68M (±1% cap)
    NOI $281,083 @ 7.0% cap · market cap 12.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Princess Nails Nail Salon

    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
    -118.1014435
    Latitude
    34.102968

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    FAQs

    What type of property is this?
    Mixed-use property - Ground-floor retail with an available unit plus upstairs office suites, offering flexibility for investors or owner-operators.
    Where is this mixed-use property located?
    The property is located at 193 W Las Tunas Drive 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 built in 1947 in San Gabriel; Approx. 7,500 SF total with four retail units on the ground floor; One retail unit is currently vacant, creating immediate leasing potential
    (626) 589-5832
    We can help!
    Listing Contact
    Lily Yun
    Real Estate License ID: 00947588
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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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