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8-Unit Retail Strip Center

9042 Las Tunas, Temple City, CA 91780

For Sale
$2,000,000

Eight storefront spaces line Las Tunas Drive in Temple City.

Property Size5,876 SF
Days on Market50

Property Features for 9042 Las Tunas

General Information

Standard status Active
Size 5,876 SF
Property subtype Commercial

Building Details

Building Size 5,876 SF
Year Built 1946
Tenancy Multi
Listed By: Eddie Li
Source: Elliman
Added: Sep 26 Changed: Nov 3 Last Checked: Nov 12 at 8:08AM

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 Eddie Li

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Investment Insights

Based on property information with market context.

This retail property contains eight storefront units at 9042 Las Tunas in Temple City. Built in 1946, the property is located along Las Tunas Drive, with residential neighborhoods and local businesses in the surrounding area.

Walk Score is 70, Bike Score is 52, and Transit Score is 42.

Key Highlights

  • Eight retail units in a multi‑tenant property
  • Built in 1946
  • Walk Score: 70, Very Walkable

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$130,004
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,600,080 $2.6M
Cap Rate 7%
$1,857,200 $1.9M
Cap Rate 9%
$1,444,489 $1.4M
Market Conditions
NOI Build-Up for 5,876 SF
Gross rent
$198.8K $33.84/SF
− Vacancy
−$13.1K −$2.23/SF
EGI
$185.7K $31.61/SF
− OpEx
−$55.7K −$9.48/SF
NOI
$130.0K $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 Rate 5%
$2,600,080
Cap Rate 7%
$1,857,200
Cap Rate 9%
$1,444,489

Alternative Uses

Best Use
Retail
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,004 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.15M
$2.75M – $3.67M (±1% cap)
NOI $220,219 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

James Robert Salon Hair Salon

Suggested Use

Top Pick Law Firm Electrical Service Gym & Fitness Center Auto Parts Store Parking Lot & Garage Bakery

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
271k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 34% Dining 30% Apparel 17% Groceries 10%
T.J. Maxx Apparel
44,645 visits/mo 0.2 miles
Super A Foods Groceries
28,294 visits/mo 0.2 miles
Daiso USA Shops & Services
23,954 visits/mo 0.1 miles
Chase Bank Shops & Services
21,538 visits/mo 0.1 miles
Office Depot Office Supplies
20,131 visits/mo 0.3 miles

Demographics for 91780, CA

35,751
Population
11,953
Households
3
Avg Household Size
43
Median Age
43%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
9,408
Density / Sq Mi
$101,746
Median Household Income
$48,807
Median Earnings
$2,046
Median Rent
$922,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Strip malls in Los Angeles County, CA

$444 Jul
$479 Aug
$474 Sep
$508 Oct

Properties on Market for Strip malls in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Eight storefront spaces line Las Tunas Drive in Temple City.
Where is this strip mall located?
The property is located at 9042 Las Tunas Temple City, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Eight retail units in a multi‑tenant property; Built in 1946; Walk Score: 70, Very Walkable
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