5640 N Gladys Avenue
San Gabriel, CA 91776
- – beds
- – baths
- – sqft
- 10,031 sqft lot
- 1957 build
- – on site
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We take great pleasure in introducing 5640 North Gladys Avenue, a rare San Gabriel Offering, now available for sale for the first time in 20 years! This easy-to-operate building, with high demand for rental units has a low vacancy history. It is a lovely two-story apartment building, which consists of 10 units and is located within the prime San Gabriel neighborhood where many shops and restaurants are accessible on S San Gabriel Blvd and E Las Tunas Dr. This building has spacious 1 bedroom + 1 bathroom units, was built in 1957 and has 10 on-site parking spaces. All units are separately metered for gas & electricity providing a minimal landlord maintenance need. The investment characteristics provide a strong rental income with some rental upside potential of +/- 20%. This property is two blocks from the San Gabriel Country Club and a short drive to the Elm Center Shopping Mall. The benefits of its location allows it to be bordered by nearby cities such as Temple City, San Marino and Alhambra which gives an impressive Walk Score of 83, denoting it as 'Very Walkable'. Please note, these units are located in Unincorporated San Gabriel (a 4% maximum annual rent increase is in effect as of 01/01/2024). PLEASE DO NOT WALK ON PROPERTY.
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Last updated Mar 12, 2024
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MLS# 24347205 —
The Building
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Year Built:1957
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New Construction:No
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Building Area Total:5778.00
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# of Buildings:1
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Total Number Of Units:10
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:This great investment opportunity is located in a prime area of San Gabriel. It sits on North Gladys Ave, situated between East Las Tunas Dr and East Broadway. The nearest major intersection is South San Gabriel Blvd and East Las Tunas Dr.
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Latitude:34.10289000
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Longitude:-118.08947800
The Property
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Property Type:Residential Income
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Zoning:LCR3*
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Lot Size Area:10031.0000
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Lot Size Acres:0.2303
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Lot Size SqFt:10031.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5374028022
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Uncovered
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Parking Spaces:10.00
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).
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 |
|---|---|---|---|---|
|
3/12/24
Mar 12, 2024
|
Sold | CRMLS_CA | $2,744,000 | -8.5% |
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2/12/24
Feb 12, 2024
|
Pending | CRMLS_CA | $3,000,000 | |
|
2/5/24
Feb 5, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $3,000,000 |
