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$ 1,695,000
Est. payment | /mo
0.28 Acres Lot
$ 1,695,000
Est. payment | /mo
0.28 Acres Lot
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.
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
Listed by Rena Delgado Seven Gables Real Estate 626-215-4211
