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1329 Stevens Avenue San Gabriel, CA 91775

  • 11 Bed
  • 8 Bath
  • 4,704 sqft
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Residential-Closed $ 1,890,000

Sold Status

Sold Date: 01-28-2019

MLS#: 818004511

Courtesy of: Tzu-ning Chang, Keller Williams Realty

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Description

PRICED TO SELL - HIGHEST CAP RATE IN SAN GABRIEL! AGGREGATE INVESTMENT PARTNERS is pleased to present the opportunity to purchase this 7 unit multifamily apartment complex in San Gabriel, California. Located on the quiet street of Stevens Avenue, this 7-unit multi-family property is truly an investor's dream realized. At the end of the street there is a spectacular view of Vincent Lugo Park. Offering a ┬▒4,702 square feet of building space on a ┬▒14,424 square feet lot, the property is comprised of a front house with a renovated 3 bed / 2 bath, a newer 1984-built duplex with 2 (two) 2 bed / 1 bath, and a four-plex with 4 (four) 1 bed / 1 bath. With a total of fourteen parking spaces (6 garage, 6 tuck-under, and 2 open), an owner can offer potential tenants ample parking. Furthermore, the property does not maintain a laundry room, allowing a future owner to install machines that will yield an increased income stream. The storage units can also be leased to tenants for additional income. Located on a cul-de-sac, the property offers a peaceful surrounding and is conveniently located within a 5 minute walk to Valley Blvd, restaurants, CVS, grocery store, and a 10 minute walk to Almansor Park. ********

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