Description
We are excited to present a unique investment opportunity ideally situated in the heart of san gabriel. this property is perfectly located within a short walk of the heavily trafficked intersection of valley blvd and san gabriel blvd, one of the busiest hubs in southern california. the asset comprises 32 studio apartments, 2 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units.
tenants benefit from convenient access to a plethora of nearby retail shops and transportation options. additional on-site amenities include laundry facilities and parking.
significant capital improvements have been made under the current ownership, with nearly 65% of the units being extensively remodeled. additional recent upgrades include modernized electrical panels, new roof, and fresh paint, ensuring the property maintains its appeal and minimizes future maintenance needs.
offered at $212,500 per unit, this property represents an exceptional chance to invest in a highly desirable market at a competitive price.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47087470
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 12,441
Pool Features
- None
Laundry Features
- Common Area,Inside
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3797
- Lot Size Source: Assessor
- Lot Size Square Feet: 16541
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Listing Information
Listing Price Information
- Original List Price: 7,650,000
- Listing Contract Date: 2024-10-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5372004007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 654 - San Gabriel
- Directions: North of I-10, West of I-605; Near the Intersection of E Wells St & San Gabriel Blvd
- Zoning: SLC3*
- Source Property Type: Residential Income
- Area: 654 - San Gabriel
- Property SubType: Apartment
Building and Construction
- Property Age: 61
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 15:03
- MLS: CV24203147
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 12,441 sqft, 16,541 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Gabriel , in zip code 91776, this Los Angeles County Home are nearby neighborhoods.