CALL FOR OFFERS: FRIDAY – FEBRUARY 7th at 5pm. 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.
Property Details
Price:
$4,250,000
MLS #:
25490337
Status:
Active Under Contract
Baths:
0
Address:
6230 N San Gabriel Boulevard
Type:
Residential Income
Neighborhood:
654sangabriel
City:
San Gabriel
Listed Date:
Jan 27, 2025
State:
CA
ZIP:
91775
Lot Size:
26,174 sqft / 0.60 acres (approx)
Year Built:
1960
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Schools
Interior
Appliances
Oven, Range, Range Hood
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Exterior
Lot Features
Front Yard
Parking Features
Carport, Detached Carport, Covered, Private
Parking Spots
26.00
Pool Features
None
Security Features
Resident Manager
Spa Features
None
Stories Total
2
View
Courtyard, Golf Course
Financial
Map
Community
- Address6230 N San Gabriel Boulevard San Gabriel CA
- Area654 – San Gabriel
- CitySan Gabriel
- CountyLos Angeles
- Zip Code91775
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6230 N San Gabriel Boulevard
San Gabriel, CA
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