309 S Del Mar, San Gabriel, CA 91776
- $2,300,000
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- WS26193473
- Year Built
- 1978
- Lot Size
- 9,885
- Acres
- 0.23
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Six-unit apartment building on two legal parcels in San Gabriel, offered together. Built in 1978, the property is a uniform mix of six 2-bedroom, 1-bath units totaling approximately 5,500 SF on a combined 9,885 SF of land, zoned SLR3. Twelve parking spaces serve six units: six enclosed garages behind a gated entry with individual tenant storage, plus six open stalls. Gas and electricity are separately metered, and there is an on-site laundry room. Tile and flat roof, wall AC in each unit. All six units are occupied by long-term tenants on month-to-month tenancies. Current scheduled rent is $10,360 per month, $124,320 annually, with rents ranging from $1,585 to $1,950, leaving measurable upside for a new owner. Del Mar Avenue location with access to the Valley Boulevard commercial corridor, area supermarkets, and the I-10. Buyer to verify all information, including square footage, zoning, permits, parking, and tenancies.
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Additional Information
- Appliances
- Free-Standing Range, Range Hood
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $124,320
- Operating Expense
- 34800
Listing courtesy of Listing Agent: CHUNG-TAO LEE (nelson@2-focus.com) from Listing Office: FOCUS PROPERTY SERVICES, INC..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.