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Renovated Duplex with Separate Meters

241 N San Marino, San Gabriel, CA 91775

For Sale
$1,498,000

Two mirrored residences offer independent utilities and flexible owner-occupant or rental configurations.

Property Size2,572 SF
Days on Market60

Property Features for 241 N San Marino

General Information

Standard status Active
Size 2,572 SF
Property subtype Duplex

Building Details

Building Size 2,572 SF
Year Built 1947
Listing Agency: Gold Orange Realty
Listed By: Amie Wang · License CA #02025763
Source: Archetyperealty
Added: Sep 16 Changed: Nov 13 Last Checked: Nov 12 at 6:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gold Orange Realty

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Investment Insights

Based on property information with market context.

This duplex comprises two separate mirrored residences on one parcel, with 2,572 square feet of combined living space. Each home includes 2 bedrooms, 1 full bathroom, a central HVAC system, an upgraded electrical panel, and new plumbing. The property has two distinct addresses and fully independent water, gas, and electricity meters.

The homes occupy a lot of nearly 10,000 square feet at 241 N San Marino Ave and 240 N Santa Anita St in San Gabriel. The back-to-back layout provides physical separation between residences, supporting dual-rental use, owner occupancy of one home with the other rented, or private living arrangements for a multigenerational household. The property was built in 1947.

Key Highlights

  • Two separate mirrored homes on one parcel
  • 2,572 square feet of combined living space
  • Each residence has 2 bedrooms and 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,916
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,320 $898.3K
Cap Rate 7%
$641,657 $641.7K
Cap Rate 9%
$499,067 $499.1K
Market Conditions
NOI Build-Up for 2,572 SF
Gross rent
$69.4K $27.00/SF
− Vacancy
−$5.3K −$2.05/SF
EGI
$64.2K $24.95/SF
− OpEx
−$19.2K −$7.48/SF
NOI
$44.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,320
Cap Rate 7%
$641,657
Cap Rate 9%
$499,067

Alternative Uses

Best Use
Multifamily LT 5
$641.7K
$561.5K – $748.6K (±1% cap)
NOI $44,916 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$591.2K
$517.3K – $689.8K (±1% cap)
NOI $41,386 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M (±1% cap)
NOI $96,393 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,355
Businesses Nearby

Demographics for 91775, CA

24,252
Population
8,905
Households
2.7
Avg Household Size
43
Median Age
52%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
7,823
Density / Sq Mi
$113,703
Median Household Income
$52,343
Median Earnings
$2,068
Median Rent
$1,042,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles County, CA

$539 Jul
$543 Aug
$559 Sep
$551 Oct

Properties on Market for Duplexes in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two mirrored residences offer independent utilities and flexible owner-occupant or rental configurations.
Where is this duplex located?
The property is located at 241 N San Marino San Gabriel, CA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Two separate mirrored homes on one parcel; 2,572 square feet of combined living space; Each residence has 2 bedrooms and 1 full bathroom
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