$3,750,000
Pending
64 Days Online
12 Beds10 Baths6,244 SQFT
Pending

1548 New Avenue San Gabriel, CA 91776

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We are proud to present 1548 New Avenue, a 10-unit apartment building nestled in prime San Gabriel. Located just three lots from the intersection of Valley Blvd and New Avenue, this property offers unparalleled convenience, being directly across from 168 Market, CVS, Valley Square, and an array of amenities. Along Valley Blvd, you'll find the Hilton Hotel, 99 Ranch Market, San Gabriel Square, The Marketplace-Alhambra and an abundance of popular cafes, restaurants, and shops. Located in a high-density area with approximately 257, 259 residents within a 3-mile radius, coupled with robust foreign capital investments, this offering presents a secure investment opportunity with substantial appreciation potential. Offered for the first time on the market since 1996 (28 years!), the property features (2) two-bedroom one-bathroom units and (8) one-bedroom one-bathroom units. Situated on a spacious 10, 406 square foot lot zoned R3, the building was built in 1960 and is separately metered for both gas and electricity. Additionally, an on-site laundry room adds convenience for tenants. Benefiting from the highly sought-after San Gabriel schools, this property offers appeal to potential tenants and investors alike.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site64 Days
  • MLS StatusPending
  • MLS ID Number24368801
  • Home Size Source N/A
  • Year Built1960
  • Lot Size0.2389 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Parking Space
  • Parking Spaces 12
  • Number of Stories 22
  • Acreage 0.2389
  • Zoning SLR3YY
  • Listing Conditions Standard

Interior Features

  • Heating Wall Furnace

Community Features

  • Senior Community No
  • MLS Area 654 - San Gabriel

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Monthly Payment (Est.)

$19,999
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