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138 S California Street

San Gabriel, CA 91776
  • $1,380,000
  • STATUS: Active Under Contract
  • ON SITE: 42 Days
  • ID#: WS22181954
Under Contract
UPDATED: 66 min ago
$1,380,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Hubert King of Pacific Asia Grp Rlty, Inc. (626-872-6039)


Description

This four unit garden style apartment situated in a prime location of the desirable City of San Gabriel. All units are 2 bedrooms and 1 bathroom. The front one story structure has two units; the back two story structure has the other two units, one on downstairs, and the other one on upstairs. Separate electric and gas meters, four carport spaces in the back and has a laundry room (no machine inside currently). All leases are month to month. Rents are significantly below market and have lots of upside potential. The property is on a nice street, just one block away from San Gabriel Blvd and Las Tunas Drive, both are busy commercial corridors, and provide numerous amenities. Easy access to Freeway 10 and 210. An excellent opportunity to own this hidden gem asset in a very strong rental market. Absolutely do not disturb tenants, drive by only. Offer subject to interior inspection.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
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138 S California Street San Gabriel, CA 91776

  • Price: $1,380,000
  • Status: Active Under Contract
  • On Site: 42 Days
  • Updated: 66 min ago
  • ID#: WS22181954
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1955
Built
Neighborhood:
654 - San Gabriel
County:
Los Angeles
Area:
654 - San Gabriel
Property Description
This four unit garden style apartment situated in a prime location of the desirable City of San Gabriel. All units are 2 bedrooms and 1 bathroom. The front one story structure has two units; the back two story structure has the other two units, one on downstairs, and the other one on upstairs. Separate electric and gas meters, four carport spaces in the back and has a laundry room (no machine inside currently). All leases are month to month. Rents are significantly below market and have lots of upside potential. The property is on a nice street, just one block away from San Gabriel Blvd and Las Tunas Drive, both are busy commercial corridors, and provide numerous amenities. Easy access to Freeway 10 and 210. An excellent opportunity to own this hidden gem asset in a very strong rental market. Absolutely do not disturb tenants, drive by only. Offer subject to interior inspection.
Exterior Features

Carport Spaces 4 Carport YN Yes Lot Features Front Yard Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 66000 Insurance Expense 1500 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanOwner May Carry Maintenance Expense 1650 Net Operating Income 39821 New Construction YN No New Taxes Expense 17664 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 8515 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 66000 Trash Expense 2400 Water Sewer Expense 2160 Water Source Public Zoning Slr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Hubert King of Pacific Asia Grp Rlty, Inc. (626-872-6039)