Two Adjacent Retail Stores in Prime Temple City

Sale Price: $895,000

9677 Las Tunas

# of Units: 2

Current/Pro Forma CAP: 2.88%/4.54%

Price/SF: $504

Building SF: 1,775 SF

Lot SF: 2,687 SF

Zoning: TCC1*

Year Built: 1948

Description

9677 Las Tunas Dr is a unique opportunity to purchase two retail stores on 1 parcel in the heart of Temple City. Located between two main thoroughfares (Temple City Dr and Baldwin Ave), the property offers access to rear public parking which can be reached via the rear garden and courtyard. Excellent owner-user or investment opportunity in the San Gabriel Valley. The average home in Temple City now sells for $1,070,000, and is predicted to rise. Directly across from Temple City Hall and the Temple City Unified School District. The property is currently tenant occupied by a hair salon and esthetician.

Location

Directly across from Temple City Hall and the Temple City Unified School District. Located between two main thoroughfares (Temple City Dr and Baldwin Ave), the property features rear parking which can be accessed via the public parking lot on Kauffman Ave.

Nearby Restaurants: Kang Kang Food Court, Seafood Palace, Ajisen Ramen, Bistro Na’s, Banana Bay Restaurant #2, Golden Deli, The Crest, and more.
Nearby Stores: Ralphs, Crazy 99 Plus, Super Pets, CVS, Whaley’s Liquor.
Nearby Schools: Cloverly Elementary School, Muscatel Middle School, Temple City High School.

Property Highlights

Located on Excellent Retail Corridor in Prime Temple City With Foot Traffic and Nearby Destination Retail and Office
Retail Tenants are Well Established in the Community
Excellent Signage Opportunity
Potential to Expand in Rear?
Ample Street Parking on Las Tunas and Rear Public Parking
Charming Courtyard in Rear of Property That Could Be Used a Variety of Ways
Buildings Appear to be Lovingly Maintained Inside and Out
Walking Distance to Multiple Parks: Temple City Park, Primrose Park, and Live Oak Park.
Walk Score of 86 = “Very Walkable”