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$1,680,000
7 bed
6 bath
0 Sqft
11,325 Sqft lot

1380 Elm Avenue, San Gabriel, California 91775

  • Residential Income Property Type
  • 13 Days Time on market
  • 1947 Year Built
Property Description

We are pleased to present Elm Apartments, a 4+1-unit apartment community in San Gabriel, CA. The property consists of large 2 and 3-bedroom units with 1 non-conforming studio, providing an investor with an additional income stream. The units are spacious with in-unit washer and dryer hookups and have been renovated with vinyl flooring, stainless steel appliances, and granite countertops. With strong in place rents, the property generates a current cap rate of 4%, 6.1%, with market rents, offering an investor roughly 33% upside. Since this property is legally 4 units, an investor can also benefit from favorable residential financing, making it a perfect fit for investors seeking a well-located asset with upside potential.

Basic Details
Residential Income
Buy
PW24082238
$1,680,000
7
6
0 Sqft
1947
11,325 Sqft
Pending
Apartment
Houses
Features
: Sidewalks
8
$0
: Public Sewer
Address
CA
Los Angeles
San Gabriel
91775
1380 Elm Avenue
1380
Avenue
0
W119° 55' 19.5''
N34° 6' 16.2''
Additional Information
13
1
2
: Washer Hookup, Gas Dryer Hookup
0
4,492 Sqft
1
0 Sqft
0 Sqft
0.26 Sqft
11,325 Sqft
1
: 1 Common Wall
0 Sqft
SLR3*
5387009015
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
02/05/2024
02/05/2024 00:00:00
$0
: Standard
Conventional
Turn onto Muscatel Ave. from Las Tunas Dr., then turn left onto Elm Ave., property is on your left.
Triqor Group
Ryan Loria
PB7936
PWLORRYA
$0
8
1
: Rectangular Lot
1
1
: Square Feet
: Community Apartment
yes
4
5
5
0
5
81
106786
US-06037-N-5387009015-R-N
Apartment
24/04/2024 22:16:05
Elm
654 - San Gabriel
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