Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1957
Sq.Footage
N/A
Outstanding investment opportunity in the heart of the strong San Gabriel Valley rental market! This multi-family property offers all spacious 2-Bed/1-Bath units totaling 5,200 rentable square feet on a 6,705 square foot lot. With no local city rent control and a 30% upside in rental income, there’s tremendous potential to boost cash-flow and long-term value. Tenants enjoy desirable amenities including gated private parking, interior laundry hookups, and copper plumbing throughout. At an attractive price of only $232,000 per unit, the property is positioned to deliver strong returns with a current CAP Rate of 5.56% & GRM of 11.87...and it only gets better from there. Seller is motivated and priced to sell—don’t miss this rare chance to acquire a quality asset in one of Southern California’s most sought-after rental markets!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
Exterior
-
Garage
No
-
Parking
Assigned, Carport
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.1539
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,395,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
8015
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Kristopher German , RE/MAX 2000 REALTY
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