$5,580,000

1232 S SAN GABRIEL, San Gabriel, CA 91776

Days on Purplebricks: 135

Property Description

We present a rare opportunity to own 36 units in a classic and well-established complex based in the heart of San Gabriel! 1232 S. San Gabriel Blvd. is one of those larger buildings that you don't find often in this area. With a fantastically low current GRM of 12.20 & high current cap rate of 5.14%, you're unlikely to find a better deal in this area! This property boasts easy access to major shops and restaurants on Valley Blvd. (San Gabriel Square or Focus Plaza, as it is known to the locals). The building has a great upside and will allow its future owner to maximize on rental income. This property is composed of two (2) two bedroom, one bathroom units, two (2) one bedroom, one bathroom units & thirty-two (32) studio, one bathroom units, situated in a 'U' shape and facing away from the main road so all noise is nicely reduced. There is a sizeable pool and seventeen (17) designated parking spaces, plus plenty of street parking.

Features

  • Property Type:

    • Other
  • County:

    • Los Angeles
  • Year Built:

    • 1963
  • Parking Features:

    • Assigned
  • Lot Area:

    • 16541
  • MLS Name: CRMLS
  • MLS Number: 19462894
  • Listing Agent: Benjamin J. Hsiang
  • Brokerage: Realty Investment Advisors, In
  • Last updated: 2019-06-19
  • Last checked: 2019-09-18
  • Listing status: Under Offer
  • Agent License: DRE #02063191

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$5,580,000

1232 S SAN GABRIELSan Gabriel, CA 91776

Bed Bath
Other
135 days on Purplebricks

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