$3,750,000 Price Analysis   ♡   San Gabriel, CA 91776 12 bed 10 bath 6,244 SqFt ($600/SqFt) 0.24 acre lot. Built 1960 Listed 2024-03-15, Taxes $13,002 | Ⓧ USDA Ineligible due to price & location near San Gabriel |
We are p roud to present 1548 Brand new Avenue
* Sale Pending *A 10-unit apartment building nestled in prime San Gabriel. Located 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 nvestments, 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 big 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.
Presented by Benjamin J. Hsiang at
Realty Investment Advisors, Inc.
Property MLS #24-368801 from TheMLSCLAW
Full Bathrooms: 10
Heating Features: Wall
Lot Size Source: Assessor
Lot Size Square Feet: 10406
Parking Total: 12
Calculated Total Monthly Association Fees: 0
Number of Units: 10
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 4800, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 15800
County: Los Angeles
Cap Rate: 3.93
Directions: North of Valley Blvd
Source Property Type: Residential Income
Area: San Gabriel
Source Neighborhood: San Gabriel
Owner Pays: Gardener, Water
Parcel Number: 5360-014-011
Postal Code Plus 4: 3427
Zoning: SLR3YY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $572,398 + $201,102 $773,500 | $13,002 |
| 2021 | $561,175 + $197,159 $758,334 | $12,874 |
| 2020 | $555,421 + $195,138 $750,559 | $12,716 |
| 2019 | $544,531 + $191,312 $735,843 | $12,394 |
| 2018 | $533,854 + $187,561 $721,415 | $12,183 |
| 2017 | $523,387 + $183,884 $707,271 | $11,895 |
| 2016 | $513,125 + $180,279 $693,404 | $11,561 |
| 2015 | $505,418 + $177,572 $682,990 | $11,406 |
| 2014 | $495,518 + $174,094 $669,612 | $11,359 |
| 2013 | $493,279 + $173,308 $666,587 | $10,292 |
| 2012 | $483,607 + $169,910 $653,517 | $10,173 |
| 2010 | $474,125 + $166,579 $640,704 | $9,746 |
| 2009 | $471,700 + $165,728 $637,428 | $9,551 |
| 2009 | $470,582 + $165,335 $635,917 | $9,551 |
| 2008 | $462,451 + $162,479 $624,930 | $9,266 |
| 2007 | $453,384 + $159,294 $612,678 | $8,708 |
$3,750,000
TheMLSCLAW
Listing removed 2014-03-12
$1,095
WestsideRentals
Listed for rent 2014-03-05
$1,095
WestsideRentals
Sold 1996-12-18
$135,000
Public Record
Sold 1996-06-04
$500,000
Public Record
Year Built: 1960
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 64
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 | ||||
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.