901 Las Tunas DrSan Gabriel, CA 91776

Property Details for 901 Las Tunas Dr

Year built

1960

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

8,625 SF

Zone code

SLC1*

Property type

Retail properties

Property subtype

Retail space

APN

5374-024-013

APU

5374024013

Description

This exceptional retail opportunity presents a rare chance to acquire a 0.39-acre pad site in the desirable San Gabriel Valley market. The property, located at 901 East Las Tunas Drive, San Gabriel, CA 91776, boasts a total building size of 8,625 square feet and offers a single-tenant occupancy. Situated on a signalized corner of Las Tunas Drive and Charlotte Avenue, this site benefits from high visibility and exposure to over 31,800 vehicles daily. The property features approximately 150 feet of street frontage on Las Tunas Drive and 115 feet on Charlotte Avenue. Zoned C-1, this location allows for drive-thru restaurants without the need for a Conditional Use Permit (CUP), although verification by the tenant is recommended. The site's adjacency to a thriving 168 Supermarket further enhances its appeal. The surrounding area showcases strong demographics, including a daytime population of 29,191 and a residential population exceeding 106,000, with an average household income of $108,325. This presents a ground lease or build-to-suit opportunity within an infill market, making it an ideal investment for discerning buyers seeking a high-traffic, strategically located retail property. The property's APN is 5374-024-013 in Los Angeles County. Detailed zoning information can be found at the provided link in the original listing.

• CAP approach

  CAP return

  Valuation

  6%

  $3,397,383

  6.5%

  $3,136,046

  7%

  $2,912,042

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,115,918

  Geo Method

  $4,133,128

• Alternative Use

  Use

  Valuation

  Residential

  $2,645,372

  Hospitality

  $2,423,146

  Educational

  $2,016,029

  Medical

  $2,085,364

  Retail

  $3,136,046

Location Insight

City

San Gabriel

County

Los Angeles

State

California

Latitude

34.1038

Longitude

-118.088

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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