1337 E Las Tunas Dr
San Gabriel, CA 91776
$230,000 PRICE REDUCTION 5.52% PRO FORMA CAP · Multifamily Property For Sale
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6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 4,126 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.45/1,000 SF |
| Zoning | SLC1* | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,126 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | SLC1* |
About 1337 E LAS TUNAS DR , SAN GABRIEL, CA 91776
This property is located at 1337 East Las Tunas Drive in the city of San Gabriel. The subject property is being listed the very first time on the market for past 29 years. Built in 1958, the apartments consists excellent unit mix of 100 percent single story building each with two-bedroom/one-bathroom units. Each unit is approximately 688 square feet located on 10,312 square feet lot. Due to it's long tern tenancy, the owner is renting the units approximately 56% below market. Each unit is individually metered for gas and electricity. The apartment is located on Las Tunas Drive within walking distance to Rosemead Boulevard - surrounding by restaurants, shopping, and entertainments. Also, due to its close proximity to major employment such as the San Gabriel Valley Hospital and San Gabriel District Offices, the demand for rentals in the surrounding area has been helping the subject property to operate at historically 100% occupancy with rents currently below market. Las Tunas Drive Apartments offers an investor a rare opportunity to acquire a stable, trophy location asset with a huge potential to increase rent through renovation in one of the most sought after city in the San Gabriel Valley.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,010 | 688 |
Property Taxes
| Parcel Number | 5387-009-005 | Improvements Assessment | $535,447 |
| Land Assessment | $1,003,965 | Total Assessment | $1,539,412 |
Property Taxes
