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Mixed-Use Retail and Apartment Building

318 S Pico, San Jacinto, CA 92583

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For Sale

$1,399,500

Downtown San Jacinto investment opportunity with retail and residential units.

Type:Investment

Property size:

5,300 SF

Price / SF:

$264/SF

Listing Contact

Jose Gutierrez

Real Estate License ID: 00541345

HighLights

Investment opportunity with two retail spaces and four apartment units.
Located in Downtown San Jacinto, California.
Value‑add potential.
Two retail spaces totaling approximately 2,300 square feet.
Four apartment units totaling approximately 3,000 square feet (two 2‑bed/1‑bath and two 1‑bed/1‑bath).
Centrally located at the intersection of Ramona Blvd, Main Street, and San Jacinto Avenue.

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For Sale

$1,399,500

Downtown San Jacinto investment opportunity with retail and residential units.

Type:Investment

Property size:

5,300 SF

Price / SF:

$264/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:46 pm

Property Features for 318 S Pico

General Information

Standard status: Active
Size: 5,300 SF
Property subtype: Investment

Building Details

Year Built: 1928

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Listing Contact

Jose Gutierrez

Listing agent Jose Gutierrez License #00541345

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Jose Gutierrez

HighLights

Investment opportunity with two retail spaces and four apartment units.
Located in Downtown San Jacinto, California.
Value‑add potential.
Two retail spaces totaling approximately 2,300 square feet.
Four apartment units totaling approximately 3,000 square feet (two 2‑bed/1‑bath and two 1‑bed/1‑bath).
Centrally located at the intersection of Ramona Blvd, Main Street, and San Jacinto Avenue.

Overview

This investment opportunity features a mixed-use property in Downtown San Jacinto, California, comprising two retail spaces and four apartment units. The property includes approximately 2,300 square feet of rentable retail space, currently occupied by a restaurant and a beauty salon. Additionally, there are four apartment units, consisting of two two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units, totaling approximately 3,000 square feet of rentable space. The property is centrally located within San Jacinto's Downtown corridor, at the intersection of Ramona Blvd, Main Street, and San Jacinto Avenue. The property is being sold in 'AS IS' condition. The bike score is 59, indicating it is bikeable, and the walk score is 68, indicating it is somewhat walkable.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$159.0k	$30.00
− Vacancy	−$3.0k	−$0.57
EGI	$156.0k	$29.43
− OpEx	−$70.2k	−$13.24
NOI	$85.8k	$16.19

5,300 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.23M

$1.07M – $1.43M (±1% cap)

NOI $85,788 @ 7.0% cap · market cap 6.13%

Second Best

Retail

$1.09M

$949.6K – $1.27M (±1% cap)

NOI $75,969 @ 7.0% cap · market cap 5.43%

Theoretical Best

Office A

$1.59M

$1.39M – $1.85M (±1% cap)

NOI $111,145 @ 7.0% cap · market cap 7.94%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Taqueria La Huasteca Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: San Jacinto
County: Riverside
State: California
Longitude: -116.9602228
Latitude: 33.7844818

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What type of property is this?

Mixed-use property - Downtown San Jacinto investment opportunity with retail and residential units.

Where is this mixed-use property located?

The property is located at 318 S Pico San Jacinto, CA.

What is the asking price?

The asking price for this property is $1,399,500.

What are key features of this property?

This property features: Investment opportunity with two retail spaces and four apartment units.; Located in Downtown San Jacinto, California.; Value‑add potential.