6230 N San Gabriel BLVD new

San Gabriel,CA 91775

$ 4250000

36 Beds

30 Baths

18820 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,820 sqft

Price per Sqft $225

MLS Listing ID 25490337

Bedrooms 36

HOA Y/N No

Year Built 1960

Lot Size 0.601 Acres

Property Description

The San Marino Park Arms is a 22-unit apartment building, with 5 units being delivered vacant. This two-story garden-style walk-up building was built in 1960 and encompasses 18,820 SF on a 26,166 SF lot. The property features 26 covered parking spaces, a common area courtyard, and laundry facilities.The unit mix comprises:(8) 2 Bedroom + 2 Bathroom units(6) 2 Bedroom + 1 Bathroom units(8) 1 Bedroom + 1 Bathroom units. Prime San Gabriel Valley location, steps from the San Gabriel Country Club, with easy access to major freeways, top-rated schools, and a wealth of shopping, dining, and entertainment options in neighboring cities such as San Marino, Pasadena, and Arcadia.6230 N. San Gabriel Blvd. offers multiple opportunities to enhance cash flow. The vacancies allow a new owner to implement a value-add strategy to bring units up to market rental rates. Additionally, there is potential to add Accessory Dwelling Units (ADUs), convert the laundry facilities from a lease to owned, and apply capital expenditures to improve the building's exterior.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning LCR3*

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet,Tile

Fireplaces Type None

Fireplace No

Appliance Oven,Range,Range Hood

Laundry Common Area

Exterior

Parking Features Covered,Carport,Detached Carport,Private

Pool None

View Y/N Yes

View Courtyard,Golf Course

Porch Open,Patio

Attached Garage No

Total Parking Spaces 26

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5374001021

Security Features Resident Manager

Acceptable Financing Court Approval

Listing Terms Court Approval

Special Listing Condition Standard

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