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1341-1343 E Las Tunas Dr 1,840 SF 100% Leased Retail Building San Gabriel, CA 91776 $1,150,000 ($625/SF) 5.35% Cap Rate



Executive Summary
CBRE is 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. Currently generating a 5.35% cap rate with a 6.07% pro forma cap rate, the property presents an exceptional opportunity to capture up to 11% in rental upside potential by raising rents to market rates.
Property Highlights
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.
Strategic Location & Connectivity
San Gabriel sits at the geographic center of Los Angeles County's San Gabriel Valley, offering residents and tenants access to two of the region's most high-traffic retail corridors. E Las Tunas Drive and Rosemead Boulevard converge less than half a mile from the property, forming a densely anchored intersection with retail centers at all four corners, including a bank, bakery, fitness center, café, grocery store, restaurants, and boutique businesses. The I-10 and 210 Freeways are each within five miles, connecting residents to Downtown Los Angeles, Pasadena, and the broader Inland Empire. The El Monte Metrolink Station is approximately five miles away, and the L Line's Allen Station in Pasadena is roughly six miles to the north, extending access to Union Station and the regional rail network. The Shops at Santa Anita — the San Gabriel Valley's premier regional shopping destination — is just 3.3 miles away.
Thriving Economy & Top Employers
San Gabriel's economy is anchored by a dynamic mix of healthcare, financial services, education, retail, and public administration. Top employers in the immediate area include San Gabriel Valley Medical Center — a 273-bed acute care hospital approximately two miles from the property — California State University Los Angeles six miles west, and AHMC Healthcare, which operates a network of community hospitals across the valley. East West Bank and Cathay Bank, two of the nation's leading Asian American commercial banks, maintain significant operations throughout the San Gabriel Valley, supporting a robust professional and financial services sector. The City of San Gabriel anchors the area's public administration employment base. This diverse mix of institutional employers, healthcare anchors, and financial institutions sustains a stable and resilient tenant base across the submarket.
Stabilized Investment Opportunity
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.
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. Currently generating a 5.35% cap rate with a 6.07% pro forma cap rate, the property presents an exceptional opportunity to capture up to 11% in rental upside potential by raising rents to market rates.
Property Highlights
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.
Strategic Location & Connectivity
San Gabriel sits at the geographic center of Los Angeles County's San Gabriel Valley, offering residents and tenants access to two of the region's most high-traffic retail corridors. E Las Tunas Drive and Rosemead Boulevard converge less than half a mile from the property, forming a densely anchored intersection with retail centers at all four corners, including a bank, bakery, fitness center, café, grocery store, restaurants, and boutique businesses. The I-10 and 210 Freeways are each within five miles, connecting residents to Downtown Los Angeles, Pasadena, and the broader Inland Empire. The El Monte Metrolink Station is approximately five miles away, and the L Line's Allen Station in Pasadena is roughly six miles to the north, extending access to Union Station and the regional rail network. The Shops at Santa Anita — the San Gabriel Valley's premier regional shopping destination — is just 3.3 miles away.
Thriving Economy & Top Employers
San Gabriel's economy is anchored by a dynamic mix of healthcare, financial services, education, retail, and public administration. Top employers in the immediate area include San Gabriel Valley Medical Center — a 273-bed acute care hospital approximately two miles from the property — California State University Los Angeles six miles west, and AHMC Healthcare, which operates a network of community hospitals across the valley. East West Bank and Cathay Bank, two of the nation's leading Asian American commercial banks, maintain significant operations throughout the San Gabriel Valley, supporting a robust professional and financial services sector. The City of San Gabriel anchors the area's public administration employment base. This diverse mix of institutional employers, healthcare anchors, and financial institutions sustains a stable and resilient tenant base across the submarket.
Stabilized Investment Opportunity
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.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$77,880
|
$34.92
|
| Other Income |
$18,600
|
$8.34
|
| Vacancy Loss |
$2,894
|
$1.30
|
| Effective Gross Income |
$93,586
|
$41.97
|
| Taxes |
$16,803
|
$7.53
|
| Operating Expenses |
$15,297
|
$6.86
|
| Total Expenses |
$32,100
|
$14.39
|
| Net Operating Income |
$61,486
|
$27.57
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $77,880 |
| Annual Per SF | $34.92 |
| Other Income | |
|---|---|
| Annual | $18,600 |
| Annual Per SF | $8.34 |
| Vacancy Loss | |
|---|---|
| Annual | $2,894 |
| Annual Per SF | $1.30 |
| Effective Gross Income | |
|---|---|
| Annual | $93,586 |
| Annual Per SF | $41.97 |
| Taxes | |
|---|---|
| Annual | $16,803 |
| Annual Per SF | $7.53 |
| Operating Expenses | |
|---|---|
| Annual | $15,297 |
| Annual Per SF | $6.86 |
| Total Expenses | |
|---|---|
| Annual | $32,100 |
| Annual Per SF | $14.39 |
| Net Operating Income | |
|---|---|
| Annual | $61,486 |
| Annual Per SF | $27.57 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,840 SF
Building Class
C
Year Built
1949
Price
$1,150,000
Price Per SF
$625
Cap Rate
5.35%
NOI
$61,485
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.18 AC
Zoning
SLC1*
Parking
6 Spaces (3.26 Spaces per 1,000 SF Leased)
Frontage
254’ on Las Tunas
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5387-009-006 | Total Assessment | $1,124,602 |
| Land Assessment | $473,516 | Annual Taxes | $16,803 ($9.13/SF) |
| Improvements Assessment | $651,086 | Tax Year | 2025 |
Property Taxes
Parcel Number
5387-009-006
Land Assessment
$473,516
Improvements Assessment
$651,086
Total Assessment
$1,124,602
Annual Taxes
$16,803 ($9.13/SF)
Tax Year
2025
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