1544 S New Ave - Apartments FOR SALE


San Gabriel, CA 91776
$1,888,000 USD
626-821-1216
1544 S New Ave, San Gabriel, CA for Sale
$1,888,000 USD
Apartments - FOR SALE
1/13
null | 3.12% Cap Rate

1544 S New Ave
San Gabriel, CA 91776


HIGHLIGHTS

  • All Single Story
  • All 2Bed +1Bath
  • New Roof
  • New Electric Main & Sub-Panels
  • Laundry Hookups
  • Individual Water Heaters

OVERVIEW

This attractive single-story 5 multi-family property offers excellent convenience located in the heart of San Gabriel & Alhambra business district. Each unit features laundry hookups with front and rear ease of access. The property has been recently upgraded with brand-new roof, brand-new electrical main panels and subpanels, along with individual water heaters for each unit and tremendous upside in cashflow. This apartment is within walking distance to shopping, restaurants, parks, schools, and the 10 Freeway. * Rents for units A, B & E are effective 08/01/26. * There is an approximately 150 sq. ft. storage room by the carports. The enclosed laundry area for each of the 5 units is not included in the total square footage.

FOR SALE DETAILS

PRICE

$1,888,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

5

PRICE/UNIT

$377,600

CAP RATE

3.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,402 SF

ZONING

SLR3YY

APN/PARCEL ID

5360-014-012

ASK ABOUT THIS PROPERTY

Matt LyColdwell Banker Commercial RealtyMore Info
626-821-1216

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Matt LyColdwell Banker Commercial RealtyMore Info
626-821-1216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.