4-Suite Medical Office
New
For Sale
$1,800,000
531 W Las Tunas Dr, San Gabriel, CA 91776
One suite has a dental layout, while three other suites are occupied by medical practices.
Property Size4,576 SF
Lot Size0.30 Acres
Price / SF$393.36
Days on Market1
Property Features for 531 W Las Tunas Dr
General Information
Standard status
Active
Size
4,576 SF
Total Parking Spaces
14
Elevators
No
Lot size
0.30 Acres
Property subtype
Office Medical
Occupancy
75%
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Office Units
4
Property Use
Medical Office
Medical Specialty
dental
Amenities
Four suite medical office building situated along one of the city's primary commercial corridors.
The property combines in place medical income with an immediately available, fully built out suite.
One suite is currently vacant, offering a rare owner user opportunity in a market where small format medical buildings seldom trade.
Building Details
Building Size
4,576 SF
Year Built
1957
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap
Listed By:
Neema Ahadian · License #License(s): CA: 01346750
(310) 909-5444
Source:
Marcusmillichap
Added: Oct 23
Last Checked: Oct 23 at 5:41PM
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 Marcus & Millichap
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Investment Insights
Based on property information with market context.
This single-story medical office building at 531 W Las Tunas Dr in San Gabriel contains four suites and totals 4,576 square feet. Built in 1957, it sits on a 12,936-square-foot lot with 14 parking spaces at the rear. Ground-level entry serves the building throughout.
One suite is vacant and has a dental buildout with a lobby and reception area, two restrooms, patient rooms, staff workstations, and built-in filing cabinets. Three medical practices occupy the remaining suites. The property is located along a commercial corridor and is positioned between Alhambra, San Marino, Temple City, and Arcadia.
One suite is vacant and has a dental buildout with a lobby and reception area, two restrooms, patient rooms, staff workstations, and built-in filing cabinets. Three medical practices occupy the remaining suites. The property is located along a commercial corridor and is positioned between Alhambra, San Marino, Temple City, and Arcadia.
Key Highlights
- Four medical office suites, with three occupied by medical practices
- Vacant suite includes a dental buildout with reception, patient rooms, and staff workstations
- 4,576 SF single‑story building on a 12,936 SF lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,028
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,560
$2.0M
Cap Rate 7%
$1,428,971
$1.4M
Cap Rate 9%
$1,111,422
$1.1M
Market Conditions
NOI Build-Up for 4,576 SF
Gross rent
$175.7K $38.40/SF
− Vacancy
−$42.3K −$9.25/SF
EGI
$133.4K $29.15/SF
− OpEx
−$33.3K −$7.29/SF
NOI
$100.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,560
Cap Rate 7%
$1,428,971
Cap Rate 9%
$1,111,422
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.67M
NOI $100,028 @ 7.0% cap · market cap 5.56%
Second Best
Healthcare Medical
$1.24M
$1.08M – $1.45M
NOI $86,779 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$2.45M
$2.14M – $2.86M
NOI $171,498 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,494
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91776, CA
38,031
Population
12,806
Households
3
Avg Household Size
42
Median Age
29%
College-Educated
76%
High-School Grad
3.3 sq mi
ZIP Area
11,525
Density / Sq Mi
$79,926
Median Household Income
$37,548
Median Earnings
$1,825
Median Rent
$816,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - One suite has a dental layout, while three other suites are occupied by medical practices.
Where is this medical office space located?
The property is located at 531 W Las Tunas Dr San Gabriel, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four medical office suites, with three occupied by medical practices; Vacant suite includes a dental buildout with reception, patient rooms, and staff workstations; 4,576 SF single‑story building on a 12,936 SF lot
