Commercial property
Listing Agent: Patrick Sharples (DRE #01245463) · Listing Office: Keller Williams Realty · Contact: 714-293-2792 · Bought with: Visakha Sir · Circle Real Estate · MLS #PW25006745 · Source: CRMLS
840 844 E Mission Road sold for $1,990,000 in December 2025, 9.5% under its $2,200,000 list price, after 294 days on the market. It was first listed at $3,300,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
840-844 E Mission Rd is a value-add retail center of approximately 11,400 SF in the vibrant city of San Gabriel. Located on a corner lot, the 2 lots combine for approximately 16,633 SF. The project consists of 7 retail units, an apartment and a storage area. Tenants are currently on modified gross leases and below market rental rates. Immediate upside by converting expiring and month to month leases to NNN. Large new development taking place 1 block north of the property (+/-243 new residential units). Property is strategically located between the 10 and 210 freeways. A majority of tenants are on month to month leases and the longer term leases have termination clauses at the new buyer's benefit.
Listing description from the December 2025 sale, as reported to CRMLS.