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309 S Del Mar Ave 6 Unit Apartment Building $2,300,000 ($383,333/Unit) San Gabriel, CA 91776
Investment Highlights
- 100% occupied 6-unit multifamily property with all 2BD/1BA floor plans
- Located in the San Gabriel Valley with strong rental demand
- 12 total parking spaces, including a 6-space garage structure
Executive Summary
Rare opportunity to acquire a 6-unit multifamily investment property in San Gabriel. The property consists of six 2-bedroom, 1-bath units built in 1978, situated on two contiguous parcels totaling approximately 9,885 square feet of land. Onsite parking includes a 6-space garage structure plus 6 open spaces for a total of 12 spaces. All six units are currently occupied on month-to-month terms, providing a new owner with both stable in-place income and upside potential. Located in the San Gabriel Valley with strong rental demand and convenient access to the 10 and 710 freeways.
Property Facts
| Price | $2,300,000 | Building Class | C |
| Price Per Unit | $383,333 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 5,500 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Low-Rise | Parking Ratio | 1.45/1,000 SF |
| Zoning | SLR3* | ||
| Price | $2,300,000 |
| Price Per Unit | $383,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.45/1,000 SF |
| Zoning | SLR3* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5362-026-018 | Improvements Assessment | $400,267 |
| Land Assessment | $211,073 | Total Assessment | $611,340 |
Property Taxes
Parcel Number
5362-026-018
Land Assessment
$211,073
Improvements Assessment
$400,267
Total Assessment
$611,340
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309 S Del Mar Ave