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Listed by Elizabeth Kho • Joy Realty Group Inc.
$5,300,000
Est. payment /mo
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPF25112907
Year Built 1989
Lot Size 0.323 Acres
Source California Regional MLS
Property Description
First time on the market in 24 years! Situated in the heart of San Gabriel's Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambra's Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Laundry Area
Exterior
Parking Features Carport
Garage Spaces 19.0
Pool None
View None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 5346027027
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033