Homes for sale - 121 E Live Oak ST, San Gabriel, CA 91776

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Han Chen • Growth Investment Group Pasade

$5,150,000

Est. payment - /mo

0.44 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR25128974

Year Built 1971

Lot Size 0.437 Acres

Source California Regional MLS

Property Description

11-unit south facing Value-Add apartment in the highly desirable City of San Gabriel (NO LOCAL RENT CONTROL - Core San Gabriel). This immaculate and well-maintained property is located right off Del Mar Blvd and within walking distance to San Gabriel Country Club and just several blocks north of Valley Blvd retail corridor. The property is not under any local rent control which allows maximum rent increases under statewide AB1482 ordinance. The property is within the desirable San Gabriel School District. It is being offered with a very attractive Assumable Loan at rock bottom interest rates of 4.05% which is fixed until June/July 2029, and due in 2052 (buyer to verify). The existing CAP Rate is also attractive with significant upside potential! The property was built in 1971, has a total of ±13,209sqft building size (average unit size is ±1200SF-buyer to verify), and situated on a large ±19,015sqft lot with an excellent curb-appeal and neatly manicured landscaping. It has excellent curb appeal and is complete with central A/C and heating for each unit and tuck-under parking. In addition to rental upside, the large lot allows up-to 2 ADUs to be added in the back parking area (buyer to verify). The property has a brand-new roof that was installed in 2024. It offers an excel

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Rooms

Kitchen Other, Oven Range - Electric, Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Laundry Gas Hookup, Laundry Area, 30, Washer, Washer/Dryer - Owned, Community Facility, Dryer

Exterior

Parking Features Assigned Spaces, Carport , Private / Exclusive, Other, Parking Area

Garage Spaces 22.0

Pool 31, None

Roof Type Flat / Low Pitch,Shingle

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 5367013017

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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121 E Live Oak ST San Gabriel, CA 91776

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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