Arcadia Retail/Medical/Spa Investment
340 E Foothill Arcadia, CA 91006
For Sale
$1,010,000
Prime location near schools and retail, ideal for investors/owner-users.
Property Size1,840 SF
Price / SF$548.91
Days on Market97
Property Features for 340 E Foothill
General Information
Standard status
Active
Size
1,840 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
(626) 309-1900
Listed By:
Sitong Liu
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 8:43AM
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 Sitong Liu
Investment Insights
Based on property information with market context.
Located at the intersection of North Arcadia's residential area and Foothill Blvd, this property offers an opportunity for investors and owner-users. The property has an area of approximately 1,840 square feet. Unit 334 is currently leased to a Permanent Makeup Studio through 2029, providing income. Units 340 and 342 are currently vacant. These units feature floor-to-ceiling windows, existing plumbing infrastructure, and an upgraded ADA-compliant bathroom. The vacant units are suitable for a fitness studio, medical office, or luxury spa. The property is located within walking distance of Monrovia High and Foothills Middle School and across from Ralph's Fresh Center.
Key Highlights
- Strategic location at the intersection of a high‑end residential area and a busy commercial corridor.
- Immediate income from a leased unit (Permanent Makeup Studio) through 2029.
- Two vacant units offer flexible "plug‑and‑play" space suitable for various businesses.
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 | $62.3k | $33.84 |
| − Vacancy | −$4.1k | −$2.23 |
| EGI | $58.2k | $31.61 |
| − OpEx | −$17.4k | −$9.48 |
| NOI | $40.7k | $22.12 |
1,840 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$581.6K
$508.9K – $678.5K
NOI $40,709 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$985.1K
$862.0K – $1.15M
NOI $68,959 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Prime location near schools and retail, ideal for investors/owner-users.
Where is this retail space located?
The property is located at 340 E Foothill Arcadia, CA.
What is the asking price?
The asking price for this property is $1,010,000.
What are key features of this property?
This property features: Strategic location at the intersection of a high‑end residential area and a busy commercial corridor.; Immediate income from a leased unit (Permanent Makeup Studio) through 2029.; Two vacant units offer flexible "plug‑and‑play" space suitable for various businesses.
