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2647 Mission St, San Marino, CA, 91108
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2647 Mission St San Marino, CA, 91108

$4,625,000 $274,500 Commercial for sale Retail

OWNER WILL CARRY 1TD FOR 3-5 YEARS WITH SUBSTANTIAL DOWN PAYMENT!! Trophy single tenant net leased investment in super upscale San Marino, the iconic gourmet restaurant/market business, has been known for 36 years as Julienne. The Spanish colonial architecture and sidewalk eating area patio and ultra elegant interior are a true "pride-of ownership" asset. This proven location, a familiar site to locals and celebrities alike, has scaled back the menu to focus more on prepared dishes, frozen entrees for take-out, boutique wines, homemade sweets, and gifts, yet remains an exceptionally strong viable business regardless of the pandemic. The long standing restaurant/market location is unique in walking distance from the dense residential area, as well as providing substantial parking in and around Mission Street. Quite simply, there is no seriously competitive iconic proximity for business in the small upscale downtown San Marino. The existing lease is structured as NNN with the exception of face/exterior walls and roof, This is truly a singular exceptional property which represent an amazing generational investment. Tenant has recently executed option to extend lease to July 2027.
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Property details

4,500 sqft interior area
Land area
6,012 sqft (0.14 acres)
Days on Verhouse
957
Address
2647 Mission St, San Marino, CA, 91108
City of California
San Marino
County
Los Angeles
Previous price
$4,899,500
Year Built
1927
District
Listing

Nearby major retailers

Costco
Trader Joe's
BMW
Whole Foods Market
Albertsons
T-Mobile
Aldi
Wholesale: 1
Supermarket: 9
Car: 1
Mobile phone: 3
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Interior Features

Utilities Included
Electricity Connected, Natural Gas Connected, Other

Listed by

Jim Menton, The Realestate Group
Name
Jim Menton
License number
00582209
Brokerage company
The Realestate Group
MLS #
CRSB21224209

Payment calculator

Calculate your monthly payments
Mortgage
$14,200
Taxes
$0
HOA dues
$0
$14,200 per month
Mortgage
$925,000 / 20%
2.28%
30 years
Your amount $14,200 / month

Lot details

TMK #5325007006
Parcel nr.
5325007006

91108 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 91108

39%
Families with children
National average: 39%
38%
Non family households
457,723
Population
$111,865
Average Income

Age & gender

Median age 39 years
More info

Commute types

80% commute by car
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Education level

25% have bachelor education
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Number of employees

2% work in education and healthcare
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Vehicles available

39% have 2 vehicle
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Vehicles by gender

39% have 2 vehicle
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Housing market insights for

$1.49m
Neighborhood average
sales price*
$1.14m
Neighborhood median
sales price*
554
Number
of sales*

Housing type

43% are single detacheds
More info

Rooms

40% of the houses have 4 or 5 rooms
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Bedrooms

61% have 2 or 3 bedrooms
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Owners vs Renters

54% are renters
More info
17.33 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease May 13, 2024
Date Event Price $/sqft Source
May 13, 2024 Price Decrease $4,625,000 -5.6% 0 MLS #CRSB21224209
Oct 31, 2023 Price Decrease $4,899,500 -1.91% 0 MLS #CRSB21224209
Aug 24, 2023 Price Decrease $4,995,000 -9.1% 0 MLS #CRSB21224209
Oct 10, 2021 New Listing $5,495,000 0 MLS #CRSB21224209

Taxes of 2647 Mission St, San Marino, CA, 91108

SOC zoning / MLS #CRSB21224209
Zoning
SOC

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Frequently Asked Questions about 2647 Mission St

What is 2647 Mission St?

2647 Mission St is a Commercial/Industrial propertywith 4,500 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

2647 Mission St, San Marino, CA, 91108.

What comparable properties are nearby?

Comparable nearby commercial properties include 1340 Granada Ave, 920 N 1st St, 1411 Fair Oaks Ave, 630 Mission St, 200 Elgin St, 127 N Garfield Ave.

Based on information from the bridgeMLS as of 05-23-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 13, 2024
Verhouse Last checked 1 minute ago


The closest grocery stores are Bristol Farms, 0.73 miles away and Ralphs, 0.79 miles away.
The 91108 zip area has a population of 457,723, and 39% of the families have children. The median age is 39.95 years and 80% commute by car. The most popular housing type is "single detached" and 54% is renter.
Commercial For sale $4.63m  $274,500 2647 Mission St, San Marino, CA, 91108 Save House Remove from Saved