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1349 Elm Avenue, San Gabriel, CA 91775
Priced at Only: $8,100,000
For more Information Call Mobile: 714.478.6676
Address: 1349 Elm Avenue, San Gabriel, CA 91775
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  • MLS#: PF25094581 ( Commercial/Residential )
  • Street Address: 1349 Elm Avenue
  • Viewed: 1
  • Price: $8,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1988
  • Bldg sqft: 0
  • Days On Market: 24
  • Additional Information
  • County: LOS ANGELES
  • City: San Gabriel
  • Zipcode: 91775
  • Provided by: Joy Realty Group Inc.
  • Contact: Elizabeth Elizabeth
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover a rare opportunity to acquire a pride of ownership 14 unit apartment building in the highly desirable city of San Gabriel! On the market for the first time in 26 years, this gated and well maintained property offers approximately 15,384 SF of rentable space on an 18,362 SF R3 zoned lot with 80 ft of street frontage. The unit mix includes spacious 3BR/2BA and 2BR/2BA floor plans, complemented by manicured front and back yards. Each unit features central A/C and heating, individual water heaters, separate gas and electric meters, two dedicated covered parking spaces, and access to an on site laundry facility. Conveniently located near the high traffic intersection of Rosemead Blvd and Las Tunas at the prime Temple City cornerthe property is surrounded by retail destinations including Camellia Square, GW Supermarket, Chuze Fitness, Elm Shopping Center and newly built luxury apartment developments. Most units are currently occupied, generating immediate income with strong rent upside potential. Whether you're expanding your portfolio or seeking a long term investment in a growth market, this San Gabriel multifamily opportunity delivers both performance and potential.
Features
Association Fee
  1. 0.00
Building Area Total
  1. 15384.00
Carport Spaces
  1. 28.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Entry Location
  1. 2nd story w/ steps
Fireplace Features
  1. None
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 6836.00
Laundry Features
  1. Community
Levels
  1. Three Or More
Lockboxtype
  1. None
Lot Features
  1. Near Public Transit
Netoperatingincome
  1. 297399.00
Number Of Separate Electric Meters
  1. 14
Number Of Separate Gas Meters
  1. 14
Otherexpense
  1. 56819.00
Parcel Number
  1. 5387007002
Parking Features
  1. Attached Carport
  2. Covered
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 437488185:CRM
Spa Features
  1. None
Totalactualrent
  1. 377496.00
Totalexpenses
  1. 114418.00
Trash Expense
  1. 6266.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Water Connected
View
  1. None
Water Sewer Expense
  1. 12833.00
Water Source
  1. Public
Year Built
  1. 1988
Year Built Source
  1. Assessor
Zoning
  1. SLR3YY
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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