Property Showcase

5730 N WILLARD AVESan Gabriel, CA 91775 0

$15,700,000
Multi-Family
Status: Contract Pending
  • Sqft:38,996
  • Lot:67,511 sq ft
  • MLS#: 19503922
34.105392456054688-118.08500671386719
Courtesy Of CB Richard Ellis, Inc.

Description:

The Coral Reef is a two-story, 62 unit multifamily property that was constructed in 1948 and 1963 on an oversized ~1.55 acre lot, with a total building size of ~38,996 square feet. The lushly landscaped courtyard property offers an intercom entry, a remote controlled parking gate, an on-site laundry facility, a gated pool, 81 parking spaces, and a stand-alone recreation room. The Coral Reef has a desirable unit mix of 14 studios, 5 one-bedroom/one-bathroom units, 39 two-bedroom/one-bathroom units, and 4 two-bedroom/one-and-one-half-bathroom units. Units are spacious and offer carpet and vinyl flooring, gas stoves, garbage disposals, and wall units for heating and cooling. The Coral Reef has been well-maintained and has seen partial unit renovations in approximately ~40 units. Partially renovated units have been updated with tile, laminate, and/or vinyl-plank flooring, granite or quartz countertops, new wall units for cooling, and upgraded appliance packages.

Main Features:

Listing Status Contract Pending Floors 2
County Los Angeles County Rental Price $0
Units 62 Zoning LA R3

Additional Features:

Appliances Garbage Disposal
Cooling Wall Unit(s)
Flooring Carpet
Wood
Heating Wall Heater
Parking Uncovered
Pool Fenced
Security Features Gated Community
Special Conditions Standard Sale

Extra Features:

Annual Expenses 396531.00 Electric Exp 7367.00
Gross Income 1030815.00 Insurance Exp 12563.00
Listing Agent License Number 01435254 LP Per SQFT 402.61
Management Exp 30924.00 Net Operating Income 634284.00
Other Exp 12400.00 Parking Spaces 81
SQFT Source Public Records

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2020 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2020 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 2/29/2020 8:50:17 AM

5730 N WILLARD AVE, San Gabriel, CA 91775

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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2020 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2020 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 2/29/2020 8:50:17 AM

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