9087 Las Tunas Drive

    Temple City, CA 91780
    • $1,488,888
    • STATUS: Active
    • ON SITE: 217 days
    • ID#: AR19252439
    $1,488,888
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,850
      SQFT
    • $387
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1933
    County:

    School Ratings & Info

    Description

    PRICED TO SELL FOR QUICK SALE: OWNER DECIDED TO DROP THE PRICE BY $100,000 TO FIND IMMEDIATE BUYER. Prime Street Front Retail Building off Las Tunas Blvd near the corner of Rosemead/Las Tunas. Property is adjacent to New Shopping Center and is in one of the best locations in town! The lot size is over 6500 square feet and has a private parking lot in the back and lots of street parking out front. This Property has an amazing location and great street frontage! The property has around 3,850 square feet of space and can be used for retail/office and service. Please check with the city for exact usages. The property it build out in multiple rooms but can easily be converted back to a large open space or a mix of Open Space and Office Space. This property is in in the path of Development and perfect for an Investor using a 1031 Exchange or Owner User.Based on Lease Rate of $2.00 a foot and a NNN lease, the potential return on investment is more than 6.2%. This is a great opportunity for a Owner User, Investor, or 1031 Exchange Buyer!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-02T00:27:44.17. 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 deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.

    www.marknazzalrealty.com/homes/100346944

    9087 Las Tunas Drive Temple City, CA 91780

    • Price: $1,488,888
    • Status: Active
    • ID#: AR19252439
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,850
    SQFT
    $387
    $/SQFT
    1933
    Built
    Neighborhood:
    661 - Temple City
    County:
    Los Angeles
    Area:
    661 - Temple City
    Property Description
    PRICED TO SELL FOR QUICK SALE: OWNER DECIDED TO DROP THE PRICE BY $100,000 TO FIND IMMEDIATE BUYER. Prime Street Front Retail Building off Las Tunas Blvd near the corner of Rosemead/Las Tunas. Property is adjacent to New Shopping Center and is in one of the best locations in town! The lot size is over 6500 square feet and has a private parking lot in the back and lots of street parking out front. This Property has an amazing location and great street frontage! The property has around 3,850 square feet of space and can be used for retail/office and service. Please check with the city for exact usages. The property it build out in multiple rooms but can easily be converted back to a large open space or a mix of Open Space and Office Space. This property is in in the path of Development and perfect for an Investor using a 1031 Exchange or Owner User.Based on Lease Rate of $2.00 a foot and a NNN lease, the potential return on investment is more than 6.2%. This is a great opportunity for a Owner User, Investor, or 1031 Exchange Buyer!
    Exterior Features

    Lot Features Walkstreet Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Heating Radiant Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Advertising Expense 0.00 Building Area Units Square Feet Building Status Existing Cap Rate 6.20 Country Us Effective Gross 92800 Expense Year 2020 Gross Scheduled Income 92800.00 Insurance Expense 0.00 Land Lease YN No Land Use Retail Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 0.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 92800.00 Operating Expense 0.00 Other Income1 0.00 Personal Property Amount 0 Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 0.00 Tax Year 2020 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Source Public

    Listing provided courtesy of Mike Vachani of Provenio Realty And Investment


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-02T00:27:44.17. 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 deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.

     
    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373