309 S Del Mar, San Gabriel, CA 91776

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Residential Income Active

309 S Del Mar

$2,300,000

Overview

Property ID: HZWS26193473

Apartment
Property Type

6
Garages

1978
Year Built

Description

Six-unit apartment building on two legal parcels in San Gabriel, offered together. Built in 1978, the property is a uniform mix of six 2-bedroom, 1-bath units totaling approximately 5,500 SF on a combined 9,885 SF of land, zoned SLR3. Twelve parking spaces serve six units: six enclosed garages behind a gated entry with individual tenant storage, plus six open stalls. Gas and electricity are separately metered, and there is an on-site laundry room. Tile and flat roof, wall AC in each unit. All six units are occupied by long-term tenants on month-to-month tenancies. Current scheduled rent is $10,360 per month, $124,320 annually, with rents ranging from $1,585 to $1,950, leaving measurable upside for a new owner. Del Mar Avenue location with access to the Valley Boulevard commercial corridor, area supermarkets, and the I-10. Buyer to verify all information, including square footage, zoning, permits, parking, and tenancies.