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940 Abbot Ave
San Gabriel, CA 91776
5 Spacious Units in San Gabriel · Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 4,575 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 1.09/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Refrigerator

Site Amenities

  • Recycling

About 940 ABBOT AVE , SAN GABRIEL, CA 91776

We are pleased to present this Rare Opportunity to Acquire a Pristine Multi-Family Investment Property Located in the Heart of San Gabriel. Bordered by Neighboring Cities such as San Marino, Monterey Park, Alhambra & Rosemead, it is the First Time this Property is being Offered For Sale in Over 24 Years! A Trophy Investment that's Situated within a Neighborhood Predominantly of Single Family Homes. With an Attractive Unit Mix of Spacious 2 Bedroom Units and On-Site Garaged Parking, this Easy-To-Operate Apartment Building comes complete with Separate Water Heaters for Each Unit & Separately Metered For Gas & Electricity. Room for some improvements, giving the New Owner an Upside in Rents. Conveniently located near several schools, Parks, Shopping, Restaurants & Entertainment off of the Valley Blvd Corridor. Property sits on the corner of Abbot Avenue and West Fairview Avenue in the Heart of San Gabriel. Major cross streets are West Valley Boulevard and South Del Mar Avenue. All showings are subject to accepted offer. Please do not walk on property, do not disturb tenants, they are not aware of sale. For more information and to obtain a full marketing package, please call or email the office. California recently passed state-wide rent control in Assembly Bill 1482. Please be sure to review these new laws to ensure that you are compliant with their restrictions.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,350 -
2+2 1 $1,950 -

Property Taxes

Property Taxes

Parcel Number
5361-015-010
Land Assessment
$1,093,645
Improvements Assessment
$930,691
Total Assessment
$2,024,336
  • Listing ID: 16966992

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 940 Abbot Ave, San Gabriel, CA 91776

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