Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

6

Building size

5,500 sqft

Lot size

9,885 sqft

Year built

1978

Stories

2

Garage spaces

6

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

246805889

About this property

Six-unit apartment building on two legal parcels in San Gabriel, offered together. Built in 1978, the property is a uniform mix of six 2-bedroom, 1-bath units totaling approximately 5,500 SF on a combined 9,885 SF of land, zoned SLR3. Twelve parking spaces serve six units: six enclosed garages behind a gated entry with individual tenant storage, plus six open stalls. Gas and electricity are separately metered, and there is an on-site laundry room. Tile and flat roof, wall AC in each unit. All six units are occupied by long-term tenants on month-to-month tenancies. Current scheduled rent is $10,360 per month, $124,320 annually, with rents ranging from $1,585 to $1,950, leaving measurable upside for a new owner. Del Mar Avenue location with access to the Valley Boulevard commercial corridor, area supermarkets, and the I-10. Buyer to verify all information, including square footage, zoning, permits, parking, and tenancies.

Location

309 S Del Mar

San Gabriel, Los Angeles, CA, 91776