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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$5,300,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PF25112907

HOA Y/N No

Year Built 1989

Lot Size 0.323 Acres

Property Sub-Type Mixed Use

Property Description

First time on the market in 24 years! Situated in the heart of San Gabriel's Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambra's Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning SLR3*

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Garage Spaces 2.0

Carport Spaces 17

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 19

Private Pool No

Building

Lot Description Irregular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5346027027

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Elizabeth Kho Joy Realty Group Inc. 626-286-5222

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346 San Marcos ST San Gabriel, CA 91776