346 San Marcos St San Gabriel, CA 91776
Well-maintained 10-unit apartment building in San Gabriel's Mission District.
Lot size:
0.32 AcresProperty Features for 346 San Marcos St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.32 Acres
Building Details
- Year built
- 1989
Source:
Elliman
Listing Agent: Monica Young
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
San Gabriel Multifamily Investment Opportunity
Located in the heart of San Gabriel’s Mission District, this well-maintained 10-unit apartment building is available for the first time in 24 years. The property is situated on a 14,000 square foot lot and features a unit mix of three-bedroom, two-bathroom and two-bedroom, two-bathroom units. Each unit includes central air conditioning and heating, as well as individual water heaters. Select units feature in-unit laundry, newer flooring, and freshly painted interiors. Gas and electric are individually metered, and the property has one master water meter. On-site amenities include dedicated covered parking spaces for all units and a common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property is in a high-demand rental market with a Walk Score of 81, and is located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center, and key commuter corridors including Valley Boulevard and Alhambra’s Main Street. It also offers easy access to the neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Gabriel
- County
- Los Angeles
- State
- California
- Longitude
- -118.1100377
- Latitude
- 34.0966886
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 10-unit apartment building in San Gabriel's Mission District.
Where is this apartment building located?
The property is located at 346 San Marcos St San Gabriel, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: - Prime location in the heart of San Gabriel's Mission District with a Walk Score of 81.; - 10-unit apartment building on a large 14,000 SF lot.; - Mix of 3br/2ba and 2br/2ba units, each with central AC/heating and individual water heaters.
