Exceptional opportunity to acquire a 17-unit apartment community in a prime San Gabriel Valley location, offering excellent day-one cash flow and strong long-term fundamentals. The property is currently delivering an attractive 6% CAP Rate and 11.25 GRM, supported by excellent in-place rental rates.
This well-maintained asset consists of 9,092 rentable square feet on a 19,244 sq. ft. lot with a desirable unit mix of two 2-Bed/1-Bath units and fifteen 1-Bed/1-Bath units. Sixteen of the seventeen units have been thoroughly renovated, featuring new kitchens, updated bathrooms, new windows, and numerous interior upgrades, minimizing future capital expenditure and enhancing tenant retention.
Operations are efficient with tenants paying for electricity and gas, while residents enjoy onsite carport parking and a shared laundry facility, adding to the property’s rental appeal. With its extensive upgrades, strong income profile, and location in one of the San Gabriel Valley's most stable rental markets, this asset presents an excellent opportunity for investors seeking immediate returns with long-term upside potential.
9,092 Sq Ft
0.4418 Privé-hectaren Partijgrootte
appartement
Ingebouwd 1960
MLS/Listing ID CV26093209
2 Verhalen
17 Eenheden
Public Water
Public Sewer
Shingle
Community - Sidewalks
Community - Gutters
Parking - Detached Carport
Parking - Garage
Gemeenschappelijke ruimte
Blok
Cooling - Wall/window unit(s)
TOTALE MAANDELIJKSE KOSTEN
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