6230 N San Gabriel Boulevard

San Gabriel, CA 91775

$4,250,000

List Price

36

bed Beds

30

shower Baths

18,820 sqft

straighten / sqft

1960

calendar_month Built

Property Description

The San Marino Park Arms is a 22-unit apartment building, with 5 units being delivered vacant. This two-story garden-style walk-up building was built in 1960 and encompasses 18,820 SF on a 26,166 SF lot. The property features 26 covered parking spaces, a common area courtyard, and laundry facilities.The unit mix comprises:(8) 2 Bedroom + 2 Bathroom units(6) 2 Bedroom + 1 Bathroom units(8) 1 Bedroom + 1 Bathroom units. Prime San Gabriel Valley location, steps from the San Gabriel Country Club, with easy access to major freeways, top-rated schools, and a wealth of shopping, dining, and entertainment options in neighboring cities such as San Marino, Pasadena, and Arcadia.6230 N. San Gabriel Blvd. offers multiple opportunities to enhance cash flow. The vacancies allow a new owner to implement a value-add strategy to bring units up to market rental rates. Additionally, there is potential to add Accessory Dwelling Units (ADUs), convert the laundry facilities from a lease to owned, and apply capital expenditures to improve the building's exterior.

Listing Information

List Price $4,250,000
Status Active
MLS 25490337
Type Residential Income
Year Built 1960
Lot Size 26,174
Structure Size 18,820
DOM 2
Courtesy Of Keller Williams Studio City
Listing Agent David Weinberger DRE#01349349
Co-Listing Agent Megan Husri DRE#02089901

Interior Features

Laundry Information
Location(s) Common Area
Kitchen Information
Features Tile Counters
Total Bedroom
Bedrooms 36
Bathroom Information
Features Separate Shower, Tile Counters
Total Bathroom
Bathrooms 30
Flooring Information
Material Carpet, Tile
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Features Open, Patio
View Yes

Maps

Listing information courtesy of: David Weinberger, Megan Husri, Keller Williams Studio City 818-970-0915. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2025 at 3:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.