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Freestanding Retail Storefront
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315 N San Marino Avenue, San Gabriel, CA 91775

Open commercial interiors feature wood-beam ceilings, natural light, and additional finished basement space.

Property Size4,200 SF
Lot Size0.13 Acres
Price / SF$511.67
Days on Market3

Property Features for 315 N San Marino Avenue

General Information

Standard status Active
Size 4,200 SF
Lot size 0.13 Acres
Property subtype Retail
Zoning Retail Commercial
Investment Type Owner/User

Building Details

Year Built 1926
Year Renovated 2018
Buildings 1
Tenancy Single
Listing Agency: NAI Capital - Pasadena
Listed By: Guillermo Olaiz · License #CA Broker # 01778986
Source: Crexi
Added: Aug 31 Changed: Sep 2 Last Checked: Sep 2 at 1:56PM

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 NAI Capital - Pasadena

Investment Insights

Based on property information with market context.

This freestanding storefront property offers 4,200 square feet within a 5,747-square-foot lot, plus an 800-square-foot finished basement that is excluded from the measured building area. The 1926 building has an open interior, exposed wood-beam ceilings, and natural light. Retail Commercial zoning supports the property's commercial positioning.

The property is located on N. San Marino Avenue near the San Marino border, with San Gabriel Valley Hospital 0.5 miles away. It is also minutes from the historic Mission District and Valley Blvd corridor, with access to Pasadena, Alhambra, and the broader San Gabriel Valley.

Its freestanding configuration and flexible interior can accommodate the retail, fitness, studio, medical, office, or creative uses identified for the property.

Key Highlights

  • 4,200 SF freestanding commercial building on a 5,747 SF lot
  • 800 SF finished basement not included in the measured square footage
  • Open interior with soaring wood‑beam ceilings and natural light

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
$92,923
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
4.32%
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%
$1,858,460 $1.9M
Cap Rate 7%
$1,327,471 $1.3M
Cap Rate 9%
$1,032,478 $1.0M
Market Conditions
NOI Build-Up for 4,200 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
$142.1K $33.84/SF
− Vacancy
−$9.4K −$2.23/SF
EGI
$132.7K $31.61/SF
− OpEx
−$39.8K −$9.48/SF
NOI
$92.9K $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%
$1,858,460
Cap Rate 7%
$1,327,471
Cap Rate 9%
$1,032,478

Alternative Uses

Best Use
Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,923 @ 7.0% cap · market cap 4.32%
Second Best
no second resolved use
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M (±1% cap)
NOI $157,406 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Kali Health and Fitness Gym & Fitness Center

Suggested Use

Top Pick Gym & Fitness Center Parking Lot & Garage Grocery & Convenience Store Storage Facility Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,355
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 34% Groceries 22%
Mitsuwa Marketplace Groceries
26,329 visits/mo 0.3 miles
Jack in the Box Dining
20,733 visits/mo 0.5 miles
Chase Bank Shops & Services
13,517 visits/mo 0.4 miles
Bank of America Shops & Services
11,492 visits/mo 0.4 miles
7-Eleven Shops & Services
9,033 visits/mo 0.4 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Open commercial interiors feature wood-beam ceilings, natural light, and additional finished basement space.
Where is this storefront property located?
The property is located at 315 N San Marino Avenue San Gabriel, CA.
What is the asking price?
The asking price for this property is $2,149,000.
What are key features of this property?
This property features: 4,200 SF freestanding commercial building on a 5,747 SF lot; 800 SF finished basement not included in the measured square footage; Open interior with soaring wood‑beam ceilings and natural light
More about this property
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