CA > San Gabriel
San Gabriel, CA 91776,840 844 E Mission RD
San Gabriel, CA 91776,840 844 E Mission RD
San Gabriel, CA 91776,840 844 E Mission RD
San Gabriel, CA 91776,840 844 E Mission RD
San Gabriel, CA 91776,840 844 E Mission RD
San Gabriel, CA 91776,840 844 E Mission RD
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Carlos Tovar

Carlos Tovar

+1(951) 264-7544
$ 2,800,000
Est. payment | /mo

0.38 Acres Lot

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$ 2,800,000
Est. payment | /mo
Save

0.38 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25006745

HOA Y/N No

Year Built 1960

Lot Size 0.382 Acres

Property Sub-Type Retail

Property Description

840-844 E Mission Rd is a value-add retail center of approximately 11,400 SF in the vibrant city of San Gabriel. Located on a corner lot, the 2 lots combine for approximately 16,633 SF. The project consists of 7 retail units, an apartment and a storage area. Tenants are currently on modified gross leases and below market rental rates. Immediate upside by converting expiring and month to month leases to NNN. Large new development taking place 1 block north of the property (+/-243 new residential units). Property is strategically located between the 10 and 210 freeways. A majority of tenants are on month to month leases and the longer term leases have termination clauses at the new buyer's benefit.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning C3

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Present Use Commercial

Building

Lot Description Corner Lot

Story 2

Water Public

Others

Tax ID 5372002027

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Trust

California Regional MLS (CRMLS)
Listed by Patrick Sharples • Keller Williams Realty • 714-293-2792
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 264-7544

carlos@tovarrealestate.com

11010 Arrow Route STE 109, Ranco Cucamongo, California, 91730, USA

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840 844 E Mission RD