$7,650,000
1232 S San Gabriel Boulevard
San Gabriel, CA, 91776
Property 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.
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.
Property Details
Price:
$7,650,000
MLS #:
CV24203147
Status:
Active
Baths:
0
Address:
1232 S San Gabriel Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
654sangabriel
City:
San Gabriel
Listed Date:
Oct 1, 2024
State:
CA
ZIP:
91776
Lot Size:
16,541 sqft / 0.38 acres (approx)
Year Built:
1963
Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks
Garage Spaces
0.00
Lot Features
36-40 Units/ Acre, Lot 10000-19999 Sqft
Parking Spots
15.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
Similar Listings Nearby
- 239 S Madison Avenue
Pasadena, CA$9,300,000
4.80 miles away
- 160 S Michigan Avenue
Pasadena, CA$7,995,000
4.49 miles away
Courtesy of RE/MAX 2000 REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1232 S San Gabriel Boulevard
San Gabriel, CA
LIGHTBOX-IMAGES
