A unique15-unit Apartment complex where every unit has 3 bedrooms, 2.5 bathrooms, and 2 car attached garage. Each unit is approximately 1,425sf. Total building area 21,378sf that sits on a 38,401sf lot size. Complex consist of 4 buildings-3 buildings with 4 units each and 1building with 3 unit. Built in 1988. First time on the market for sale. Currently 100% leased out, historically has very low vacancy. Great potential for higher rent. Each unit has its own electric and gas meter. Gated community with 6 uncovered guest parking spaces. On-site laundry. Cul-de-sac. Excellent location. Close to major freeways, Cal State LA, USC, and downtown LA. Walking distance to 99 Ranch Market, Hawaii Super Market, San Gabriel Hilton, Sheraton San Gabriel, and many more.
4-plex in superior location near San Gabriel Country Club and public transportation. Units are in very good condition and have upgraded kitchens with granite counters, newer gas ranges. New laminate floors installed in multiple units. All units have newer mini-split heat exchange units, some with multiple mini-splits, some with additional window AC units. Newer windows (2016). Three units are ground level, one is upstairs. Each has one space in detached carports. Additional parking on property and street. Tenants responsible for electric and gas, both separately metered.
Enjoy these fully remodeled single-level one-bedroom Tri-plex apartment properties in the historical San Gabriel Mission District. The property was fully remodeled in February 2020 with permits. A new roof was installed on the living units and the garage in July 2015 (permitted). Central A/C and heat for each unit. All new electrical with LED lighting (permitted). Fully remodeled kitchens and bathrooms make this a very desirable investment. The kitchens have Granite countertops, decorative glass backsplash, soft-close shaker cabinets, dual stainless-steel sinks (that are under counter mounted), and garbage disposals. There is a floor-to-ceiling pantry in each unit. In 2020 purchased new five-burner GE gas stoves and stainless steel range hoods (2 apartments have over-the-range microwaves). Full-size brand-new purchased in 2020 washer and dryer in a separate laundry room of each unit. Custom bathrooms provide walk-in showers (no tub) with floor-to-ceiling tile, glass sliding doors, and newer sinks and toilets. Ceramic tile flooring in the kitchen and bathroom and wood flooring in the living rooms, hallway, and bedroom (no carpet). Arched walkways soften the living environment. Dual pane windows with mini blinds, newer doors, knobs, and hinges throughout as well. The bedrooms (11' x 13') have a large closet with double wire racks to maximize clothing storage. Recessed ceiling lights on dimmer switches throughout. Eat-in areas off the kitchens. Off-street parking spaces and two garage storage spaces providing additional income outside of the lease agreements. One of the few fully upgraded investment properties in this area, making them very easy to lease.
Probate Sale! Estate of Theles Hutchings. This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is scheduled for 8/1/24 in Dept 44 at 8:30 AM at 111 N Hill Street, Los Angeles CA 90012. This Multi-Family built in 1947 features +/-2,572 Sq Ft of living space, +/-9,448 Sq Ft lot, APN: 5363-027-021. This property is a Duplex. The assessors records indicate there are two bedrooms and two baths. However based on the floor plan each unit has two bedrooms and one bath. Buyer to rely on their own information. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. (Timing of hearing is subject to the courts calendar approximately 60-days after the initial offer deadline date).
Nestled on a tranquil street and conveniently close to numerous development projects and amenities, the offering represents an opportunity to own an ideal 5-unit apartment building in a terrific San Gabriel location with potential to increase rents by nearly 20%. This will be achieved quicker than in other surrounding markets due to the city's non-rent controlled status (subject only to AB1482). Adjacent to property lies the proposed Rubio Village, a new development featuring 225 residential units and 13,500 square feet of retail space. Constructed in 1977, the subject property consists of , two-story, two-bedroom townhome-style units, complemented by a large single-story front unit with a fireplace and in-unit washer-dryer, ideal for an owner-user. This property exudes pride of ownership and features new electrical panels and brand-new windows. All units are equipped with central HVAC and private balconies. Select units feature modernized kitchens boasting stone countertops, tile flooring, stainless steel appliances, new hardware, recess lighting, and recently renovated bathrooms with updated vanities and designer fixtures. Additionally, most units offer wood-style laminate flooring in the living room, and tile flooring in the kitchen and dining area, and carpet in the bedrooms upstairs. There are two parking spaces allocated for each unit. Soft story retrofit is not required. In addition, the asset is outfitted with surveillance cameras and a gated entrance to enhance security. Currently, three out of the five units are being rented near market value. There is approximately a 20% potential increase in rental income, providing investors with an opportunity to fully stabilize an asset situated in a highly sought-after location with minimal available inventory. The absence of local rent control laws in San Gabriel simplifies the process for owners to stabilize this asset, with rental increases capped at 5% plus the Consumer Price Index (CPI) annual adjustments.
Good investment property in good location of City San Gabriel, with big lot 19,492sf, total living 3,078sf Front house 2 bed 1 bath Midle house 4 bed 2 bath Rear house 2 bed 1 bath Please do not distub tenant, offer subject to inspection
Emerald Beach Apartments 100% Occupied-Stabilized, Near Pacific Plaza San Gabriel newest mixed use development. This property is a gem as all 36 units are in a single building (unit mix consists of 32 - studios, 2 - 1 bedroom and 2 - 2 bedroom). The property boasts a very prime location on San Gabriel Boulevard, within distance to Valley Blvd Corridor and Las Tunas. Current CAP Rate of 5.08% with Proforma of 6.32%
RARE FIND 2 Homes on 1 Lot! Great opportunity for investment or owner use + rental income or use as a multi-generational, family complex. Both houses have open floor plan and 850 SF per unit. Over $300 K spent in upgrading/ remodeling this beautiful duplex. FRONT HOUSE Fully upgraded on 2007 with 1 bedroom, 1 bathroom, living room with fireplace and kitchen. BACK HOUSE Fully upgraded on 2022 with 1 bedroom, 1 bathroom, living room with fireplace and kitchen. 2 car garages attached + additional 2 parking spaces. Newer central A/C, roof, fully upgraded bathrooms and kitchens. Newer electrical wiring & panels, plumbing and newer windows throughout. Newer concrete driveway and landscaping and Plenty of on the street. Only few miles to downtown LA and Pasadena. Close to Cal state LA, Historic San Gabriel Mission. It's walking distance to 99 Range Market, Hawaii Super Market, San Gabriel Hilton, Sheraton Hotel, many retail centers. Excellent location! Both house has it own address (front house #857 and Back house #859)
Courtesy: KO TAI REALTY
San Gabriel is located in California. San Gabriel, California has a population of 40,315. San Gabriel is less family-centric than the surrounding county with 30.82% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in San Gabriel, California is $55,939. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in San Gabriel is 41 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 20.3 inches per year, with 0 inches of snow per year.
