940 Abbot Avenue

    San Gabriel, CA 91776
    • $1,850,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 19500598
    UPDATED: 62 min ago
    $1,850,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,575
      SQFT
    • $404
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    We are pleased to present this Rare Opportunity to Acquire a Pristine Multi-Family Investment Property Located in the Heart of San Gabriel. Bordered by Neighboring Cities such as San Marino, Monterey Park, Alhambra & Rosemead, it is the First Time this Property is being Offered For Sale in Over 24 Years! A Trophy Investment that's Situated within a Neighborhood Predominantly of Single Family Homes. With an Attractive Unit Mix of Spacious 2 Bedroom Units and On-Site Garaged Parking, this Easy-To-Operate Apartment Building comes complete with Separate Water Heaters for Each Unit & Separately Metered For Gas & Electricity. Room for some improvements, giving the New Owner an Upside in Rents. Conveniently located near several schools, Parks, Shopping, Restaurants & Entertainment off of the Valley Blvd Corridor.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T21:44:56.43. 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 Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/98121127

    940 Abbot Avenue San Gabriel, CA 91776

    • Price: $1,850,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 19500598
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,575
    SQFT
    $404
    $/SQFT
    1957
    Built
    Neighborhood:
    654 - San Gabriel
    County:
    Los Angeles
    Area:
    654 - San Gabriel
    Property Description
    We are pleased to present this Rare Opportunity to Acquire a Pristine Multi-Family Investment Property Located in the Heart of San Gabriel. Bordered by Neighboring Cities such as San Marino, Monterey Park, Alhambra & Rosemead, it is the First Time this Property is being Offered For Sale in Over 24 Years! A Trophy Investment that's Situated within a Neighborhood Predominantly of Single Family Homes. With an Attractive Unit Mix of Spacious 2 Bedroom Units and On-Site Garaged Parking, this Easy-To-Operate Apartment Building comes complete with Separate Water Heaters for Each Unit & Separately Metered For Gas & Electricity. Room for some improvements, giving the New Owner an Upside in Rents. Conveniently located near several schools, Parks, Shopping, Restaurants & Entertainment off of the Valley Blvd Corridor.
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Electric Expense 518.00 Fuel Expense 240.00 Gross Multiplier 20.02 Gross Operating Income 91476.00 Improvements Amount 289452 Insurance Expense 2390.00 Land Value 422605 Laundry YN Yes Maintenance Expense 5574.00 Net Operating Income 52999.00 Special Listing Conditions Standard Total Expenses 38477.00 Trash Expense 1740.00 Water Sewer Expense 1692.00 Zoning Slr3yy

    Listing provided courtesy of Shant Sherbetdjian of Remax Commercial And Investmen and Kathi Constanzo of Coldwell Banker Pasadena


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T21:44:56.43. 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 Fred Sed Realty - Keller Williams. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604