309 S Del Mar Ave - Apartments FOR SALE


San Gabriel, CA 91776
$2,300,000 USD
626-348-1863
309 S Del Mar Ave, San Gabriel, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

309 S Del Mar Ave
San Gabriel, CA 91776


HIGHLIGHTS

  • 100% occupied 6-unit multifamily property with all 2BD/1BA floor plans
  • 12 total parking spaces, including a 6-space garage structure
  • Located in the San Gabriel Valley with strong rental demand

OVERVIEW

Rare opportunity to acquire a 6-unit multifamily investment property in San Gabriel. The property consists of six 2-bedroom, 1-bath units built in 1978, situated on two contiguous parcels totaling approximately 9,885 square feet of land. Onsite parking includes a 6-space garage structure plus 6 open spaces for a total of 12 spaces. All six units are currently occupied on month-to-month terms, providing a new owner with both stable in-place income and upside potential. Located in the San Gabriel Valley with strong rental demand and convenient access to the 10 and 710 freeways.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$230 USD /SF

# OF UNITS

6

PRICE/UNIT

$383,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

SLR3*

APN/PARCEL ID

5362-026-018,5362-026-019

ASK ABOUT THIS PROPERTY

Nelson LeeFocus Property Services Inc.More Info
626-348-1863

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Nelson LeeFocus Property Services Inc.More Info
626-348-1863

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