San Gabriel CA Multi Family for Sale
- Type:
- Apartment
- Sq.Ft.:
- 10,506
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1979
- Baths:
- MLS#:
- WS24228096
ADDITIONAL INFORMATION
10-Unit Value-add multifamily investment opportunity located in the Prime North San Gabriel Location Adjacent to Arcadia, Temple City, Pasadena , San Marino and Rosemead near Santa Anita Mall, shops and all kind of amenities. Conveniently access to I-210, 10 & 605fwy. Property features 10 units of 2 bed 2 baths apartments with its own private balcony/patio. All spacious open living floor layout, spacious balcony and patio. Each unit has one assigned garage parking space and one carport parking space, separate gas/electric meter, central air conditioning. Well maintained property with partial upgraded units. Three units was recently remodeled with modern kitchen, bathroom, fresh paints, new window, laminate floor and Led lights. Freshly painted exterior. Value-add opportunity with approx. 25% upside in rent. Currently 100% occupied with very low history vacancy rate. Very high walkable score area. Easy to manage assets ideally to add on a savvy investor’s pro-folio with a pride of ownership and great appreciation over time with smart make over!
$2,325,000
9074 Huntington Drive San Gabriel, CA 91775
- Type:
- Cluster
- Sq.Ft.:
- 6,456
- Status:
- Active
- Beds:
- 12
- Lot size:
- 0.32 Acres
- Year built:
- 1956
- Baths:
- 8.00
- MLS#:
- 24451595
ADDITIONAL INFORMATION
The Ivy Manor is located in an excellent part of San Gabriel, just a few blocks from Arcadia, the Santa Anita Racetrack, and the Shops at Santa Anita. The property was built in 1956 and sits on an almost 14,000 SF lot, and features four (1Br+1Ba) apts and four (2Br+1Ba) apts. There is also rear detached carport parking and a rear storage unit, as well as open parking for a total of 12 parking spaces. The units are spacious and average over 800 SF. Occupied by long term tenants, there is tremendous rental upside of appx 80%! There is also potential to build ADU's in the rear, further increase the value-add component. With a new roof in 2023 and fresh asphalt and exterior paint in 2024, this is an ideal addition to any astute owner's portfolio. Marketing package with rent roll is available upon request.
San Gabriel Real Estate
The median home value in San Gabriel, CA is $881,600. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in San Gabriel, CA is $881,600. Approximately 53.93% of San Gabriel homes are owned, compared to 39.57% rented, while 6.5% are vacant. San Gabriel real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Gabriel real estate agent to arrange a tour today!
San Gabriel, California 91775 has a population of 22,941. San Gabriel 91775 is more family-centric than the surrounding county with 33.87% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in San Gabriel, California 91775 is $94,043. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in San Gabriel 91775 is 42.5 years.
San Gabriel Weather
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 46.6 degrees. The average rainfall is approximately 15.9 inches per year, with 0 inches of snow per year.