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$998,000
Est. payment /mo
2 Beds
1.5 Baths
2,369 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,369 sqft
Price per Sqft $421
MLS Listing ID CV25163646
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 1924
Property Sub-Type Townhome
Property Description
Mixed-Use Property with Business Opportunity | 524 E Mission Rd & 521 E Grand Ave, San Gabriel A rare find in San Gabrielthis STRS & RES zoned corner lot features two detached structures totaling approx. 2,369 sqft on a 5,097 sqft lot, offering both residential and commercial income potential. La Paloma Market (524 E Mission Rd): Approx. 1,553 sqft of retail space, currently operating as La Paloma Market. Includes a beer license and was previously authorized to sell lottery tickets. The business opportunity is included in the sale. Under-managed due to the sellers retirement plansideal for a hands-on investor or owner-user to modernize and unlock the stores full potential. High visibility with existing signage and walk-in traffic. Residential Unit (521 E Grand Ave): A separate 2-bedroom, 1-bath home with approx. 816 sqft of living space and its own address and private entrance. Perfect for generating rental income or owner occupancy. Prime Location: Situated near the busy intersection of Mission Rd and San Gabriel Blvd, in close proximity to the San Gabriel Mission, Historic Mission District, and just minutes from Arcadia, Alhambra, and San Gabriel Square. Surrounded by dense residential neighborhoods, local schools, and thriving commercial corridors. Excellent exposure to both vehicular and pedestrian traffic. This is a rare chance to own and operate in one of the San Gabriel Valleys most desirable and culturally rich neighborhoods. Whether youre an entrepreneur looking to take over a long-standing business or an investor seeking dual-income potential, this property delive
Location
State CA
County Los Angeles
Direction Mission/San Gabriel
Interior
Cooling Wall/Window
Fireplace No
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 5638020017
Acceptable Financing Cash, Conventional, Cash To Existing Loan
Listing Terms Cash, Conventional, Cash To Existing Loan
Special Listing Condition Standard
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Listed by Tusong Nguyen RE/MAX TOP PRODUCERS
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