1380 Elm Avenue
San Gabriel, CA 91775
- – beds
- – baths
- – sqft
- 11,325 sqft lot
- 1947 build
- – on site
More homes
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jul 3, 2024
•
MLS# PW24082238 —
The Building
-
Year Built:1947
-
Year Built Source:Public Records
-
New Construction:No
-
Entry Level:1
-
Common Walls:1 Common Wall
-
Building Area Total:4492.00
-
Building Area Units:Square Feet
-
# of Buildings:4
-
Total Number Of Units:5
-
Stories Total:2
-
# of Separate Gas Meters:5
-
# of Separate Electric Meters:5
Interior
-
Entry Location:1
-
Laundry:Gas Dryer Hookup, Washer Hookup
-
Laundry:1
Location
-
Directions:Turn onto Muscatel Ave. from Las Tunas Dr., then turn left onto Elm Ave., property is on your left.
The Property
-
Property Type:Residential Income
-
Subtype:Apartment
-
Zoning:SLR3*
-
Lot Features:Rectangular Lot
-
Lot Size Area:11325.0000
-
Lot Size Acres:0.2600
-
Lot Size SqFt:11325.00
-
Lot Size Source:Public Records
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:4801.02
-
Tax Tract:3623
-
Tax Lot:81
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5387009015
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Senior Community:No
-
Features:Sidewalks
-
Pool:None
-
Private Pool:No
Parking
-
Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/26/24
Jun 26, 2024
|
Sold | CRMLS_CA | $1,720,000 | 2.4% |
|
5/2/24
May 2, 2024
|
Pending | CRMLS_CA | $1,680,000 | |
|
4/24/24
Apr 24, 2024
|
Listed / Active | CRMLS_CA | $1,680,000 |
