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Listed by Elizabeth Kho • Joy Realty Group Inc.
$ 4,300,000
Est. payment /mo
Pending
346 San Marcos Street San Gabriel, CA 91776
10,228 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Pending
Purchase Type For Sale
Square Footage 10,228 sqft
Price per Sqft $420
MLS Listing ID PF-25253062
Year Built 1989
Lot Size 0.323 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
First time on the market in 24 years! Situated in the heart of San Gabriel's Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambra's Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning SLR3*
Interior
Heating Central
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description Irregular Lot
Sewer Public Sewer