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Marcel Chaparteguy
CA DRE# 00599980
FOR SALE
$2,380,000

234 S Pine Street
San Gabriel, CA 91776

Business Opportunities
Commercial
5,628
Sq. Ft.
0.18
Acre Lot
Courtesy: Mark Ventre - Kidder Mathews of California, Inc.; Email: mark.ventre@kidder.com
Home> California> San Gabriel> 91776
Nestled on a tranquil street and conveniently close to numerous development projects and amenities, the offering represents an opportunity to own an ideal 5-unit apartment building in a terrific San Gabriel location with potential to increase rents by nearly 20%. This will be achieved quicker than in other surrounding markets due to the city's non-rent controlled status (subject only to AB1482). Adjacent to property lies the proposed Rubio Village, a new development featuring 225 residential units and 13,500 square feet of retail space. Constructed in 1977, the subject property consists of , two-story, two-bedroom townhome-style units, complemented by a large single-story front unit with a fireplace and in-unit washer-dryer, ideal for an owner-user. This property exudes pride of ownership and features new electrical panels and brand-new windows. All units are equipped with central HVAC and private balconies. Select units feature modernized kitchens boasting stone countertops, tile flooring, stainless steel appliances, new hardware, recess lighting, and recently renovated bathrooms with updated vanities and designer fixtures. Additionally, most units offer wood-style laminate flooring in the living room, and tile flooring in the kitchen and dining area, and carpet in the bedrooms
CL24388553
Business Opportunities, Other
Los Angeles
1977
0.18 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Mark Ventre - Kidder Mathews of California, Inc.; Email: mark.ventre@kidder.com
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