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$ 1,749,000
Est. payment | /mo
0.29 Acres Lot
$ 1,749,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25186927
HOA Y/N No
Year Built 1963
Lot Size 0.294 Acres
Property Sub-Type Apartment
Property Description
The Broadway Commons is a marvelous Five (5) unit multi family investment opportunity. Front house is a 5 bed 2 bath craftsman built in 1919 with the charm of years past. The rear two story structure includes (4) 2-bedroom 1-bathroom units built in 1963 and dedicated parkings for each unit. Each unit also has its own water heater and is separately metered for gas and electricity - keeping expenses low and operations simple. Easy access to shopping, dining, and daily conveniences along the Valley Blvd retail corridor, just a short walk away. In addition to its superb characteristics, the property is within close proximity to the Grocery Stores, Schools, Banks, and Freeway access. With ease of management and strong upside in rents, The Broadway Commons offers an investor to take over an exceptional, low-maintenance asset. The property is only subject to California's statewide AB 1482 rent control - there's no local rent ordinance in place. This is a pride-of-ownership property in one of San Gabriel's most desirable rental markets.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning SLR3YY
Interior
Fireplace No
Laundry Common Area, Inside
Exterior
Parking Features Carport
Carport Spaces 4
Pool None
Community Features Foothills
Total Parking Spaces 8
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5367030011
Energy Description 208.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Lease Land No
Listed by Vahe Parsekhian Americana Real Estate Services 818-355-7609