6933 Rosemead Boulevard San Gabriel, CA 91775

$9,750,000 

6933 Rosemead Boulevard

 
Year Built: 1964
Land: 0.90 acres (approx.)
MLS ID: 819005070
Highest current cap rate in San Gabriel at +/-4.55%! Country View Apartments-40 units apartment. Desirable area of north San Gabriel, south of Huntington Drive - adjacent to Pasadena, Arcadia. Huge almost 1-acre lot, excellent opportunity for an investor to acquire in this high-demand submarket and generate excellent cash flow. Costly interior renovations have been completed, just make the less expensive exterior/cosmetic improvements to dramatically increase value. Property sold 'As-Is' in its present condition, Seller will not pay or make any repairs or replacements.Total building size is +/-23,805 square feet, sitting on a huge +/-39,273 square foot lot. Unit mix: (35) 1 bed / 1 bath, (5) 2 bed / 2 bath. Owner made significant capital expenditures by renovating 95% of the units with granite countertops, updated kitchen cabinets, laminate flooring, ceiling fans, and updated bathroom sink cabinets. Entire building has been upgraded with copper plumbing (hot and cold water lines), and brand new water heaters. All units have walk-in closet and storage space. 57 total covered parking spaces and laundry room generate significant income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.


 
 
Listing Courtesy of:
Keller Williams Realty
Tzu-ning Chang
mes1448236800

Interior Features

Design Features
Laminate

Exterior Features

Type of Property
ResidentialIncome
Garage/Parking
Attached Garage Bays:
Attached Parking Bays: Controlled Entrance,Gated,Attached Carport,Detached Carport
Parking Lot Bays: 57.00
Controlled Entrance
Gated
Attached Carport
Detached Carport
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY
 
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