5715 N Vista Street

    San Gabriel, CA 91775
    • $5,000,000
    • STATUS: Active
    • ON SITE: 332 days
    • ID#: AR18181307
    UPDATED: 56 min ago
    $5,000,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,808
      SQFT
    • $423
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    San Gabriel Vista apartment in the heart of San Gabriel. Located in one of the most highly sought-after locations. The property offers a rare opportunity for an investor to capitalize on one of the strongest rental markets in the San Gabriel Valley. The front entry leads into a mature landscaped beautiful courtyard. Within this serene space is a 20 unit apartment built in 1961 consisting of 8 units feature 2 bedroom/1 bathroom, 12 units feature 1 bedroom/1 bathroom totaling 11,808 living square feet sitting on a lot size of 0.47 acres. Each unit is individually metered for gas and electricity and comes with their own parking space and wall air conditioning. Rental income are currently in process to reflect most current market price by new management company.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T00:36:54.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/86023037

    5715 N Vista Street San Gabriel, CA 91775

    • Price: $5,000,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: AR18181307
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    11,808
    SQFT
    $423
    $/SQFT
    1961
    Built
    Neighborhood:
    654 - San Gabriel
    County:
    Los Angeles
    Area:
    654 - San Gabriel
    Property Description
    San Gabriel Vista apartment in the heart of San Gabriel. Located in one of the most highly sought-after locations. The property offers a rare opportunity for an investor to capitalize on one of the strongest rental markets in the San Gabriel Valley. The front entry leads into a mature landscaped beautiful courtyard. Within this serene space is a 20 unit apartment built in 1961 consisting of 8 units feature 2 bedroom/1 bathroom, 12 units feature 1 bedroom/1 bathroom totaling 11,808 living square feet sitting on a lot size of 0.47 acres. Each unit is individually metered for gas and electricity and comes with their own parking space and wall air conditioning. Rental income are currently in process to reflect most current market price by new management company.
    Exterior Features

    Garage Spaces 20.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 20.00 Pool Features Community Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Association Amenities Pool Building Area Units Square Feet Cap Rate 4.00 Community Features Sidewalks Country Us Electric Expense 1677.00 Elevation Units Feet Gross Income 288000.00 Gross Scheduled Income 288000.00 Insurance Expense 4815.00 Land Lease YN No Laundry YN Yes Maintenance Expense 6041.00 Net Operating Income 186000.00 New Construction YN No New Taxes Expense 50000.00 Number Of Separate Electric Meters 20 Number Of Separate Gas Meters 20 Number Of Separate Water Meters 1 Number Of Units Leased 20 Operating Expense 102026.00 Professional Management Expense 13530.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 102026.00 Trash Expense 5287.00 Water Sewer Expense 9230.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Kevin Hsu of Re/Max Premier Prop Arcadia


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T00:36:54.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024