307 E Angeleno Avenue Active

San Gabriel,CA 91776

$ 1695000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25202573

HOA Y/N No

Year Built 1924

Lot Size 0.279 Acres

Property Sub-Type Mixed Use

Property Description

Eight Unit San Gabriel Investment with Builder potential on a 12,150 square foot lot. Five of the free standing units have been rehabbed in 2019/2020. These updates include new windows, flooring, bathrooms, kitchens, and energy-efficient split-unit air conditioning systems. In addition, the property has undergone extensive improvements with copper plumbing, newer roofs, and individual water heaters/ 3 tankless, ensuring long-term durability. Value added on site parking spaces for multiple cars or potential to build an ADU (buyer to verify with city).
Seven units are separately metered for gas and electricity, contributing to the property's efficiency. The two-bedroom unit offers potential to refresh it for a higher rate of return while the one-bedroom units offer investors a ready made income stream. Pro forma rents and analysis based on proposed rents. Buyers to verify all information including analysis for themselves. Please write offer with proof of funds using RIPA form subject to interior inspection.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Faces South

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5368003044

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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