1341 -1343 E Las Tunas Drive, San Gabriel, CA 91776

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
CV26176907
Year Built
1949
Lot Size
7,630
Acres
0.18
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

Property Description

We are pleased to exclusively present a premier mixed-use income opportunity at 1341-1343 E Las Tunas Drive in San Gabriel, CA, offering a strong in-place income stream in the heart of the San Gabriel Valley. This well-positioned property sits at the intersection of two of the submarket's most commercially active corridors — E Las Tunas Drive and Rosemead Boulevard — delivering investors four residential units, one commercial office space with an established nail salon tenant, and an on-site billboard generating additional income. Situated on a ±7,630 SF lot, 1341-1343 E Las Tunas Drive comprises ±1,840 SF of rentable space across four one-bedroom/one-bathroom residential floor plans averaging 460 SF each. The commercial office suite is currently operating as a nail salon, featuring 390 SF of functional retail space, a private restroom, storefront signage, and display window along E Las Tunas Drive — a high-traffic corridor averaging 30,968 daily vehicles — complemented by additional on-site billboard income. The residential units are complemented by a commercial office suite occupied by a nail salon tenant and an on-site billboard, creating a diversified, multi-stream income asset. Units feature functional kitchens with oven ranges and hoods, tile and laminate plank wood flooring, walk-in showers, horizontal blinds, clothing closets, and cabinet storage. Wall air conditioning and heating units provide year-round comfort. Common areas include lush mature landscaping and surface and off-street parking, with the property positioned directly across from Jefferson Middle School. 1341-1343 E Las Tunas Drive is a stable income-producing asset in the San Gabriel Valley, promising a strong return on investment in one of Los Angeles County's most established communities. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$96,480
Operating Expense
32100

Listing courtesy of Listing Agent: Eric Chen (eric.chen@cbre.com) from Listing Office: CB RICHARD ELLIS.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.