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311 S San Marino Avenue

San Gabriel, CA 91776
  • $1,600,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: WS22098320
$1,600,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Listing Agent(s): Ray Chen of Pacific Sterling Realty (949-222-9911)


Description

Buy this property and trade. Unique mix-use 5 units commercial & residential income in one two stories building located at the heart of San Gabriel city. Details as follow: First floor consists of 2 commercial units: 311 & 315, each unit is approx. 1400 sqft. can be connected and use as one big unit or lease separately, unit 311 have a big basement (approx. 2200 sqft. for storage) & outside 3/4 bath - unit 315 have a small office, storage area, 1/2 bath, both units can be used for office/retail/warehouse, currently under month-to-month lease of $1,200.00 each unit - Second floor have 3 residential income units: unit 313-A with 3 bed / 2 bath. (Current rent $2,300/month), unit 313-B with 1 bed/1bath. (Current rent $1,300/month), unit 313-C with 1 bed/1 bath. (Current rent $1,300/month), all Tenant is a long-time tenant but still under month-to-month lease. Property has ample parkings. All units are currently rented under market price, can be raise much higher. Existing building is old but very solid (has passed all City inspection). All information deemed reliable but not guaranteed.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128610659
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311 S San Marino Avenue San Gabriel, CA 91776

  • Price: $1,600,000
  • Status: Active
  • On Site: 15 Days
  • ID#: WS22098320
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1913
Built
Neighborhood:
654 - San Gabriel
County:
Los Angeles
Area:
654 - San Gabriel
Property Description
Buy this property and trade. Unique mix-use 5 units commercial & residential income in one two stories building located at the heart of San Gabriel city. Details as follow: First floor consists of 2 commercial units: 311 & 315, each unit is approx. 1400 sqft. can be connected and use as one big unit or lease separately, unit 311 have a big basement (approx. 2200 sqft. for storage) & outside 3/4 bath - unit 315 have a small office, storage area, 1/2 bath, both units can be used for office/retail/warehouse, currently under month-to-month lease of $1,200.00 each unit - Second floor have 3 residential income units: unit 313-A with 3 bed / 2 bath. (Current rent $2,300/month), unit 313-B with 1 bed/1bath. (Current rent $1,300/month), unit 313-C with 1 bed/1 bath. (Current rent $1,300/month), all Tenant is a long-time tenant but still under month-to-month lease. Property has ample parkings. All units are currently rented under market price, can be raise much higher. Existing building is old but very solid (has passed all City inspection). All information deemed reliable but not guaranteed.
Exterior Features

Lot Features Street Level Number Of Separate Electric Meters 3 Open Parking Spaces 5 Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common WallNo One AboveNo One Below Heating Heat Pump Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 6000 Fuel Expense 1800 Garage YN Yes Gross Income 87600 Gross Scheduled Income 87600 Insurance Expense 2000 Land Lease YN No Laundry Features In Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalContractCal Vet Loan1031 Exchange Net Operating Income 72400 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 2 Operating Expense 15200 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3000 Water Sewer Expense 2400 Water Source Public Zoning Slm1yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Ray Chen of Pacific Sterling Realty (949-222-9911)