Address: |
view address San Gabriel, CA 91776 Map Location |
Features: | Air Conditioning, Gated Community, Multi-level |
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Bedrooms: | 10 | Bathrooms: | 10 |
Square Feet: | 5,628 sq.ft. | Lot Size: | 7671.0 |
Year Built: | 1977 | Property Type: | Multi Family |
County: | Los Angeles | Zoning: | SLR3* |
List Date: | 2024-05-06 | Listing Number: | 24388553 |
Days on market: | 12 |
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.
Appliances: | Microwave, Disposal, Dishwasher |
Flooring: | Tile, Carpet, Laminate | Interior Features: | Ceiling Fan(s) |
Cooling features: | Central Air, Ceiling Fan(s) | Heating features: | Central |
Heating: | Yes |
Parking features: | Covered |
Security Features: | Gated Community | Community Features: | Gated |
Special Listing Conditions: | Standard |
Year Built: | 1977 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 7671.0 | Zoning: | SLR3* |
Building Area total: | 5628.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.