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1232 San Gabriel Boulevard, San Gabriel, CA 91776
Priced at Only: $7,650,000
For more Information Call Mobile: 714.478.6676
Address: 1232 San Gabriel Boulevard, San Gabriel, CA 91776
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  • MLS#: CV24203147 ( Apartment )
  • Street Address: 1232 San Gabriel Boulevard
  • Viewed: 5
  • Price: $7,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 85
  • Additional Information
  • County: LOS ANGELES
  • City: San Gabriel
  • Zipcode: 91776
  • Provided by: RE/MAX 2000 REALTY
  • Contact: Kristopher Kristopher
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are excited to present a unique investment opportunity ideally situated in the heart of San Gabriel. This property is perfectly located within a short walk of the heavily trafficked intersection of Valley Blvd and San Gabriel Blvd, one of the busiest hubs in Southern California. The asset comprises 32 studio apartments, 2 one bedroom/one bath units, and 2 two bedroom/one bath units. Tenants benefit from convenient access to a plethora of nearby retail shops and transportation options. Additional on site amenities include laundry facilities and parking. Significant capital improvements have been made under the current ownership, with nearly 65% of the units being extensively remodeled. Additional recent upgrades include modernized electrical panels, new roof, and fresh paint, ensuring the property maintains its appeal and minimizes future maintenance needs. Offered at $212,500 per unit, this property represents an exceptional chance to invest in a highly desirable market at a competitive price.
Features
Building Area Total
  1. 12441.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 481
Electric Expense
  1. 27312.00
Fuel Expense
  1. 6550.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1860.00
Insurance Expense
  1. 11500.00
Laundry Features
  1. Community
  2. Inside
Laundry Income
  1. 1783.00
Levels
  1. Two
Lot Features
  1. 36-40 Units/Acre
  2. Lot 10000-19999 Sqft
Netoperatingincome
  1. 358817.00
Newtaxesexpense
  1. 102391.00
Number Of Separate Electric Meters
  1. 36
Number Of Separate Gas Meters
  1. 36
Otherexpense
  1. 5400.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 5372004007
Pool Features
  1. None
Professionalmanagementexpense
  1. 23638.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424207087:CRM
Taxblock
  1. 32
Tenant Pays
  1. Electricity
  2. Gas
Totalactualrent
  1. 50621.00
Totalexpenses
  1. 232141.00
Trash Expense
  1. 13429.00
Uncovered Spaces
  1. 15.00
Vacancyallowance
  1. 18277
Water Sewer Expense
  1. 8860.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 4200.00
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. SLC3*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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