Property Showcase

6933 Rosemead BoulevardSan Gabriel, CA 91775 0

$9,750,000
Multi-Family
Status: Off Market
  • Sqft:
  • Lot:39,274 sq ft
  • MLS#: 820000067
34.123851776123047-118.07366943359375
Courtesy Of Tzu-ning Chang, Keller Williams Realty

Description:

Highest current cap rate in San Gabriel at +/-4.88%! Country View Apartments-40 units apartment. Desirable area of north San Gabriel, south of Huntington Drive - adjacent to Pasadena, Arcadia. Huge almost 1-acre lot, excellent opportunity for an investor to acquire in this high-demand submarket and generate excellent cash flow. Costly interior renovations have been completed, just make the less expensive exterior/cosmetic improvements to dramatically increase value. Property sold 'As-Is' in its present condition, Seller will not pay or make any repairs or replacements.Total building size is +/-23,805 square feet, sitting on a huge +/-39,273 square foot lot. Unit mix: (35) 1 bed / 1 bath, (5) 2 bed / 2 bath. Owner made significant capital expenditures by renovating 95% of the units with granite countertops, updated kitchen cabinets, laminate flooring, ceiling fans, and updated bathroom sink cabinets. Entire building has been upgraded with copper plumbing (hot and cold water lines), and brand new water heaters. All units have walk-in closet and storage space. 57 total covered parking spaces and laundry room generate significant income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.

Main Features:

Listing Status Off Market Year Built 1964
Garage 0.0 Floors 2
County Los Angeles County Rental Price $0
Units 40 Zoning LCR3
Subdivision Not Applicable - 1007242

Additional Features:

Flooring Laminate
Land Size Source Other
Laundry Community
Levels Two
Parking Attached Carport
Security Features Gated Community
Special Conditions Standard
Tenant Pays Cable TV
Electricity
Gas
Year Built Source See Remarks

Extra Features:

Carport Spaces 57.00 CDOM 112
Gross Operating Income 0.00 Listing Key 363874724
Lot Size Acres 0.9000 Lot Size Square Feet 39274.00
Parking Spaces 57.00 Tax ID 5379018038

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2020 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2020 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 2/29/2020 5:55:52 AM

6933 Rosemead Boulevard, San Gabriel, CA 91775

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2020 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2020 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 2/29/2020 5:55:52 AM

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