This property is a Seven-unit apartment building. Built in 1963, the complex consists of one-single story three-bedroom house, and one two-story six unit building with pitched composition roof. The building consists of 6 two-bedroom/one-bathroom units, 1 separate three-bedroom front house with attached garage. There are carport parking on-site in the back. The units are individually metered for gas and electric. There is one on-site laundry room.
The property is well situated on a quiet residential street with very few apartment buildings for competetion. There are 95% single family dwellings on Strozier Avenue. Also, the property is nearby a very dense local bussiness district of the city. Surrounded by a large and stable employment base area, all within short distance, resulted in very few vacancies in the area. An astute investor will enjoy strong cash flow with potential to increase rent in one of the strongest rental markets of San Gabriel Valley.