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$ 4,250,000
Est. payment | /mo
18,820 SqFt
$ 4,250,000
Est. payment | /mo
18,820 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,820 sqft
Price per Sqft $225
MLS Listing ID CL25490337
HOA Y/N No
Year Built 1960
Lot Size 0.601 Acres
Acres 0.6
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.
Location
State CA
County Los Angeles
Zoning LCR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Carpet
Fireplace No
Laundry Community Facility
Exterior
View Y/N true
View Golf Course, Other
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 5374001021
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by David Weinberger • Keller Williams Studio City
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Patrick Nagel
REALTOR® | Lic# 1760790