309 S Del Mar

About This Property

Six-unit apartment building on two legal parcels in San Gabriel, offered together. Built in 1978, the property is a uniform mix of six 2-bedroom, 1-bath units totaling approximately 5,500 SF on a combined 9,885 SF of land, zoned SLR3. Twelve parking spaces serve six units: six enclosed garages behind a gated entry with individual tenant storage, plus six open stalls. Gas and electricity are separately metered, and there is an on-site laundry room. Tile and flat roof, wall AC in each unit. All six units are occupied by long-term tenants on month-to-month tenancies. Current scheduled rent is $10,360 per month, $124,320 annually, with rents ranging from $1,585 to $1,950, leaving measurable upside for a new owner. Del Mar Avenue location with access to the Valley Boulevard commercial corridor, area supermarkets, and the I-10. Buyer to verify all information, including square footage, zoning, permits, parking, and tenancies.

Neighborhood

This property is located in San Gabriel. Want to learn more about the area?

Listing courtesy of FOCUS PROPERTY SERVICES, INC.

Listing data from CRMLS. Deemed reliable but not guaranteed.