This Multifamily Property is no longer advertised on LoopNet.com.

1380 Elm Ave
San Gabriel, CA 91775
Multifamily Property For Sale · 5 Units

Investment Highlights

  • First time on the Market in Over 37 years
  • 4% Cap Rate with Current Rents, 6.1% with Market Rents
  • Excellent Unit Mix of Large 2 and 3-Bedroom Units w/ 1 Non-Conforming Studio
  • No Local Rent Control, Property Follows AB 1482 Guidelines

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.26 AC
Building Size 4,492 SF
No. Stories 2
Year Built 1947
Parking Ratio 1.78/1,000 SF
Zoning B-3

Amenities

Unit Amenities

  • Washer/Dryer Hookup

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,153 400
2+1 1 $2,024 900
2+1.5 2 $1,971 1,050
3+2 1 $2,024 1,475

Property Taxes

Property Taxes

Parcel Number
5387-009-015
Land Assessment
$789,480
Improvements Assessment
$964,920
Total Assessment
$1,754,400
  • Listing ID: 31601075

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 1380 Elm Ave, San Gabriel, CA 91775

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