Eight Unit San Gabriel Investment with Builder potential on a 12,150 square foot lot. Five of the free standing units have been rehabbed in 2019/2020. These updates include new windows, flooring, bathrooms, kitchens, and energy-efficient split-unit air conditioning systems. In addition, the property has undergone extensive improvements with copper plumbing, newer roofs, and individual water heaters/ 3 tankless, ensuring long-term durability. Value added on site parking spaces for multiple cars or potential to build an ADU (buyer to verify with city).
Seven units are separately metered for gas and electricity, contributing to the property’s efficiency. The two-bedroom unit offers potential to refresh it for a higher rate of return while the one-bedroom units offer investors a ready made income stream. Pro forma rents and analysis based on proposed rents. Buyers to verify all information including analysis for themselves. Please write offer with proof of funds using RIPA form subject to interior inspection.