2459 Msn St San Marino, CA 91108-1635
This exceptional investment opportunity presents a +/- 800 square foot storefront commercial building located at 2459 Mission Street in the heart of San Marino, California. The property, built in 1947 and zoned C-1, sits on a +/- 2,487 square foot lot (APN: 5324-027-038) and boasts a prominent Mission Street location, ensuring high visibility and foot traffic. Currently occupied by multiple tenants under short-term leases, this presents a unique opportunity for an owner-occupier or investor seeking a strong return. The asking price is $980,000, translating to $1,225 per square foot. The building features four tandem parking spaces on-site, with additional public parking readily available along Mission Street. This is a rare chance to acquire a well-located, established commercial property in the desirable San Marino market. The property's current configuration and tenant occupancy provide immediate income potential. Please note that the building is currently occupied
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SOC* · San Marino, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.