41
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$5,150,000
Est. payment /mo
13,279 SqFt
New
121 E Live Oak Street San Gabriel, CA 91776
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,279 sqft
Price per Sqft $387
MLS Listing ID CRAR25128974
HOA Y/N No
Year Built 1971
Lot Size 0.437 Acres
Acres 0.44
Property Sub-Type Other
Property Description
11-unit south facing Value-Add apartment in the highly desirable City of San Gabriel (NO LOCAL RENT CONTROL - Core San Gabriel). This immaculate and well-maintained property is located right off Del Mar Blvd and within walking distance to San Gabriel Country Club and just several blocks north of Valley Blvd retail corridor. The property is not under any local rent control which allows maximum rent increases under statewide AB1482 ordinance. The property is within the desirable San Gabriel School District. It is being offered with a very attractive Assumable Loan at rock bottom interest rates of 4.05% which is fixed until June/July 2029, and due in 2052 (buyer to verify). The existing CAP Rate is also attractive with significant upside potential! The property was built in 1971, has a total of ±13,209sqft building size (average unit size is ±1200SF-buyer to verify), and situated on a large ±19,015sqft lot with an excellent curb-appeal and neatly manicured landscaping. It has excellent curb appeal and is complete with central A/C and heating for each unit and tuck-under parking. In addition to rental upside, the large lot allows up-to 2 ADUs to be added in the back parking area (buyer to verify). The property has a brand-new roof that was installed in 2024. It offers an excellent
Location
State CA
County Los Angeles
Zoning SLR3
Interior
Heating Other
Cooling Central Air
Flooring Laminate, Vinyl, Wood
Fireplace No
Appliance Dryer
Laundry Common Area, Dryer, Washer, Other
Exterior
View Y/N true
View Other
Building
Lot Description Level, Other, Front Yard
New Construction No
Others
Tax ID 5367013017
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Listed by Han Chen • Growth Investment Group Pasade
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289