6230 N San Gabriel Blvd Save Request In-Person Tour Request Virtual Tour
San Gabriel,CA 91775
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 18,820 sqft
Price per Sqft $225
MLS Listing ID 25-490337
Bedrooms 36
Year Built 1960
Lot Size 0.601 Acres
Property Sub-Type Multi-Family
Property Description
Court Confirmation & Overbid Hearing: April 14th, 2025. Starting Minimum Bid: $6,100,000. See private remarks for all details and further instructions to overbid. The San Marino Park Arms is a 22-unit apartment building, with 5 units being delivered vacant. This two-story garden-style walk-up building was built in 1960 and encompasses 18,820 SF on a 26,166 SF lot. The property features 26 covered parking spaces, a common area courtyard, and laundry facilities.The unit mix comprises: (8) 2 Bedroom + 2 Bathroom units - (6) 2 Bedroom + 1 Bathroom units (8) 1 Bedroom + 1 Bathroom units. Prime San Gabriel Valley location, steps from the San Gabriel Country Club, with easy access to major freeways, top-rated schools, and a wealth of shopping, dining, and entertainment options in neighboring cities such as San Marino, Pasadena, and Arcadia.6230 N. San Gabriel Blvd. offers multiple opportunities to enhance cash flow. The vacancies allow a new owner to implement a value-add strategy to bring units up to market rental rates. Additionally, there is potential to add Accessory Dwelling Units (ADUs), convert the laundry facilities from a lease to owned, and apply capital expenditures to improve the building's exterior.
Location
State CA
County Los Angeles
Area San Gabriel
Zoning LCR3*
Rooms
Family Room 1
Other Rooms None
Dining Room 0
Kitchen Tile Counters
Interior
Heating Wall
Cooling Ceiling Fan, Wall/Window, Window Unit(s)
Flooring Carpet, Tile, Vinyl Tile
Fireplaces Type None
Equipment Range/Oven, Ceiling Fan
Laundry Community
Exterior
Parking Features Carport, Carport Detached, Covered Parking, Private
Garage Spaces 26.0
Pool None
View Y/N Yes
View Courtyard, Golf Course
Building
Lot Description Alley Paved, Front Yard, Sidewalks, Street Paved, Walk Street, Lot-Level/Flat
Story 2
Others
Special Listing Condition Standard