6230 San Gabriel Boulevard, San Gabriel, CA 91775
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- MLS#: 25490337 ( )
- Street Address: 6230 San Gabriel Boulevard
- Viewed: 1
- Price: $4,250,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1960
- Bldg sqft: 0
- Days On Market: 10
- Additional Information
- County: LOS ANGELES
- City: San Gabriel
- Zipcode: 91775
- Provided by: Keller Williams Studio City
- Contact: David David
- DMCA Notice
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DescriptionCALL FOR OFFERS: FRIDAY FEBRUARY 7th at 5pm. 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.
Property Location and Similar Properties
Features
Appliances
- Oven
- Range
- Range Hood
Building Area Total
- 18820.00
Cooling
- Wall/Window Unit(s)
Country
- US
Fireplace Features
- None
Flooring
- Carpet
- Tile
Heating
- Wall Furnace
Interior Features
- Ceiling Fan(s)
Laundry Features
- Community
Levels
- Two
Lot Features
- Front Yard
Netoperatingincome
- 278512.00
Parcel Number
- 5374001021
Parking Features
- Carport
- Detached Carport
- Covered
- Private
Pool Features
- None
Security Features
- Resident Manager
Sourcesystemkey
- 25-490337:CLAW
Spa Features
- None
Totalexpenses
- 149034.00
View
- Courtyard
- Golf Course
Year Built
- 1960
Zoning
- LCR3*