San Gabriel, CA 91775,1329 Stevens AVE

$1,890,000

Est. payment /mo

$1,950,000

3.1%
Est.Price: ?

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1329 Stevens AVE San Gabriel, CA 91775

0.33 Acres Lot

SOLD DATE : 01/28/2019

Key Details

Sold Price $1,890,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P0-818004511

Sold Date 01/28/19

HOA Y/N No

Year Built 1925

Lot Size 0.330 Acres

Property 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.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning SLR3YY

Interior

Flooring Laminate

Fireplace No

Exterior

Parking Features Attached Carport, Door-Single, Garage, One Space, On Street

Garage Spaces 6.0

Garage Description 6.0

Community Features Park

Total Parking Spaces 6

Building

Lot Description Cul-De-Sac, Flag Lot, Near Park

Story 2

Entry Level One,Two

Level or Stories One, Two

Others

Senior Community No

Tax ID 5360013018

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tzu-ning Chang • Keller Williams Realty
Bought with Tzu-ning Chang • Keller Williams Realty

John Labick

Broker Associate | License ID: 01991075

+1(661) 212-1339

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