433-435 W Las Tunas Dr. San Gabriel, CA 91776Offering Memorandum
CONFIDENTIALITY & DISCLAIMER
All materials and information received or derived from KW Executive/KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither KW Executive/KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Executive/KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE
Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Executive/KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Executive/KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual Data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed in compliance with all applicable fair housing and equal opportunity laws. We obtained the information above from sources we believe to be reliable.However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
PRESENTED BY
Jennie Ching Leo Shih Peggy Lim
310-779-5376 310-658-0669 626-290-2869
[email protected] [email protected] [email protected]
DRE# 02018566 DRE# 01913235 DRE# 02040293
KW Executive 388 E. Valley Blvd #106 Alhambra, CA 91801
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mailto:[email protected]:[email protected]:[email protected]
EXECUTIVE SUMMARY
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• Commercial C1 Zoning, Auto Repair Use, or a potential redevelopment opportunity
• Signalized Intersection of two major streets
• 123’ frontage on Las Tunas Dr. Great visibility from drive by traffic
• High Traffic Volume Area
PROPERTY DETAILS
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Property Address
433-435 W Las Tunas Dr. San Gabriel, CA 91776
Price $1,800,000
APN 5363-025-009
Zone C1 (Commercial-General)
Investment Type
Retail (Auto Repair)Owner User, Investment, or redevelopment
Size 3,800 SF
Lot Size 14,825 SF
Year Built 1941
Ownership Fee Simple
KW Commercial is proud to present a 3,800 SF (lot size 14,825 SF) auto repair shop located in a prime, high traffic area of San Gabriel Valley. The property is surrounded by the San Gabriel Valley Medical Center, pharmacies, medical professional services, and other retail shops and restaurants.
It will be a great owner user, investment opportunity, or a potential redevelopment project.
• Conveniently located in the center of San Gabriel Valley. 0.5 mile from San Gabriel City Center.
• Signalized intersection of two major streets: Las Tunas Dr. and Santa Anita St.
• Daily traffic count: W Las Tunas Dr: 21,220 Vehicles, Santa Anita St: 5,680 Vehicles (in 2018)
• In close proximity to the San Gabriel Valley Medical Center, which is the #1 employer of the city
LOCATIONLOCATION
CITY OF SAN GABRIEL
San Gabriel is a city in Los Angeles County, California. The city is bordered on the north by San Marino, on the east by Temple City and Rosemead, to the south by Rosemead and to the west by Alhambra.
Today a center for culture and art, the Mission San Gabriel Arcangel, is the fourth of twenty-one California Missions, and is known as the "Pride of the California Missions.
The 2010 United States Census reported that San Gabriel had a population of 39,718. The primary racial makeup of San Gabriel was 24,091 (60.7%) Asian, 10,076 (25.4%) White (11.4% Non-Hispanic White). And the median household income was $56,388.
According to the City's 2014 Comprehensive Annual Financial Report, San Gabriel Valley Medical Center, is the #1 employer in the city, which employed more than 1,000 workers.
Local Map
POPULATION & DEMOGRAPHICS
POPULATIONPopulation Radius 1.0 Radius 3.0 Radius 5.02006 Projection 38,428 283,635 768,0632001 Estimate 38,428 282,040 763,722
2001 POPULATION BY RACERace / Ethnicity Radius 1.0 Radius 3.0 Radius 5.0White 22.00% 29.76% 40.57%Black 0.97% 1.26% 1.46%Asian & Pacific Islander 61.30% 43.25% 25.85%Hispanic Origin (All Races) 28.58% 44.65% 60.24%Other Races 15.73% 25.74% 32.12%Total Race Population 38,428 282,040 763,722
2001 POPULATION BY AGEAge Radius 1.0 Radius 3.0 Radius 5.0Median Age 37.08 34.92 32.91Average Age 37.88 36 34.28
HOUSEHOLDSHousehold Type Radius 1.0 Radius 3.0 Radius 5.02006 Projection 12,025 85,231 223,2752001 Estimate 12,036 84,748 221,956
1990 OCCUPIED HOUSEHOLDSOccupied Household Type Radius 1.0 Radius 3.0 Radius 5.0Owner Occupied 39.79% 47.06% 44.82%Renter Occupied 60.21% 52.94% 55.18%Persons per Household 3.07% 3.19% 3.33%Total Housing Units 12, 160 85, 136 221, 019
HOUSEHOLD BY INCOMEIncome Level Radius 1.0 Radius 3.0 Radius 5.02001 Average Income / Household $47,934.50 $55,781.09 $59,437.60 2001 Median Income / Household $36,894.54 $41,607.64 $42,045.26
AERIAL VIEWS