6933 Rosemead Blvd | San Gabriel, CA 91775
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- LoopNet Team
6933 Rosemead Blvd
San Gabriel, CA 91775
40-u VALUE ADD with High CAP & LOW Price/Unit · Multifamily Property For Sale · 40 Units
Investment Highlights
- Location is bordered by excellent cities (Arcadia, Pasadena, Temple City and San Marino)
- LOW Price per unit of only $246,000/unit; Significant upside potential
- Long-time owner for 24 years (since 1996)! Upside potential through corrective management!
- High going in CAP Rate of close to 5% and high Proforma CAP Rate of more than 6%
- Excellent demographics with ±$105,207 Average Household Income within a-mile radius
- Large lot size of ±39,273 SF in San Gabriel Valley (R3 Zoning)! Plumbing repipe completed in 2012-2013
PROPERTY FACTS
| No. Units | 40 | Building Size | 23,805 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.39/1,000 SF |
| Lot Size | 0.90 AC |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 23,805 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.39/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Family Room
- Island Kitchen
- Smoke Free
Site Amenities
- Controlled Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Property Manager on Site
- Gated
- Smoke Free
- Storage Space
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 35 | - | 525 |
| 2+1 | 5 | - | 800 |
PROPERTY TAXES
| Parcel Number | 5379-018-038 | Improvements Assessment | $6,847,260 |
| Land Assessment | $3,607,740 | Total Assessment | $10,455,000 |
PROPERTY TAXES
Parcel Number
5379-018-038
Land Assessment
$3,607,740
Improvements Assessment
$6,847,260
Total Assessment
$10,455,000
zoning
| Zoning Code | R3 |
| R3 |
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