1380 Elm Avenue San Gabriel, CA 91775
Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!
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$7,665We 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.
2 days ago | Listing updated with changes from the MLS® | |
2 days ago | Status changed to Pending | |
2 weeks ago | Listing first seen online |
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