1380 ELM AVE
SAN GABRIEL, CA 91775
$1,680,000
0 Beds
0 Baths
4,492 Sq Ft
Status Pending
MLS# PW24082238
We are pleased to present Elm Apartments, a 4+1-unit apartment community in San Gabriel, CA. The property consists of large 2 and 3-bedroom units with 1 non-conforming studio, providing an investor with an additional income stream. The units are spacious with in-unit washer and dryer hookups and have been renovated with vinyl flooring, stainless steel appliances, and granite countertops. With strong in place rents, the property generates a current cap rate of 4%, 6.1%, with market rents, offering an investor roughly 33% upside. Since this property is legally 4 units, an investor can also benefit from favorable residential financing, making it a perfect fit for investors seeking a well-located asset with upside potential.
Details for 1380 ELM AVE
$374 / Sq Ft
8 parking spaces
47 Days on website
0.26 acres lot