Property listed by Joy Realty Group Inc., Elizabeth Kho 626-286-5222
$6,900,000
Discover a rare opportunity to acquire a pride-of-ownership 14-unit apartment building in the highly desirable city of San Gabriel! On the market for the first time in 26 years, this gated and well-maintained property offers approximately 15,384 SF of rentable space on an 18,362 SF R3-zoned lot with 80 ft… Read More of street frontage. The unit mix includes spacious 3BR/2BA and 2BR/2BA floor plans, complemented by manicured front and back yards. Each unit features central A/C and heating, individual water heaters, separate gas and electric meters, two dedicated covered parking spaces, and access to an on-site laundry facility. Conveniently located near the high-traffic intersection of Rosemead Blvd and Las Tunas —at the prime Temple City corner—the property is surrounded by retail destinations including Camellia Square, GW Supermarket, Chuze Fitness, Elm Shopping Center and newly built luxury apartment developments. Most units are currently occupied, generating immediate income with strong rent upside potential. Whether you're expanding your portfolio or seeking a long-term investment in a growth market, this San Gabriel multifamily opportunity delivers both performance and potential. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Mixed Use
Lot Size
0.42 Acres
Year Built
1988
MLS Number
PF25253031
30 Days Snapshot Of 91775
$1.39M
+7%
(avg) sold price
10
+25%
homes sold
65
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1988, Building area total: 15,384, Levels: ThreeOrMore, 4 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StreetLights, Sidewalks
Cooling
CentralAir
Expenses
Insurance expense: $6,836, Operating expense: $114,418, Trash expense: $6,266, Water sewer expense: $12,833, Other expense: $56,819
Fireplaces
None
Heating
Central
Income
Gross income: $382,752, Net operating income: $297,399
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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