531 W Las Tunas Drive, San Gabriel, CA 91776

$1,800,000

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List Price
$1,800,000
Status
ACTIVE
MLS#
26103499
Year Built
1957
Lot Size
12,940
Acres
0.30
Days on Market
1
Property Type
Commercial

Property Description

We are pleased to present an investment opportunity at 531 W Las Tunas Drive in San Gabriel, a four suite medical office building situated along one of the city's primary commercial corridors. The property combines in place medical income with an immediately available, fully built out suite, appealing to both investors and owner users seeking a foothold in the West San Gabriel Valley healthcare market. One suite is currently vacant, offering a rare owner user opportunity in a market where small format medical buildings seldom trade. A practitioner can occupy immediately while income from the three remaining suites helps offset the cost of ownership, providing the benefits of building equity and controlling occupancy costs rather than paying rent to a landlord. The vacant suite features an existing dental build out with a lobby and reception area, two restrooms, several patient rooms, staff workstations, and walled filing cabinets for record storage. The specialized improvements are already in place, allowing a dental or medical user to significantly reduce tenant improvement costs and time to occupancy compared to building out a new space. Three established medical practices currently operate from the remaining suites, providing in place income and a stable tenant base. The concentration of healthcare users within the building creates a complementary professional environment that supports patient traffic, referral relationships, and long term tenant retention. Single story building totaling 4,576 SF on a 12,936 SF lot; 14 parking spaces in the rear lot. Dedicated on site parking is a critical amenity for medical users with frequent patient turnover, and ground level access throughout provides convenient entry for patients with no reliance on elevators or stairs. Prime San Gabriel location minutes from the San Gabriel Mission District and centrally positioned between Alhambra, San Marino, Temple City, and Arcadia. The property draws from a dense surrounding population and some of the most established communities in the West San Gabriel Valley, with convenient access to the area's major commercial corridors. Medical office continues to be one of the most resilient commercial asset classes, supported by consistent demand for outpatient/dental services regardless of broader economic conditions. Limited stock of similar medical buildings with dedicated parking in the area positions the property well for both long term hold and future resale.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Neema Ahadian (neema@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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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.