9074 Huntington Dr San Gabriel, CA 91775-1368

This exceptional 8-unit apartment building presents a compelling investment opportunity in desirable San Gabriel, CA. Situated on a spacious 13,947 square foot lot, this two-story, 1956-built property boasts a mix of four one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units, each averaging over 800 square feet. The property features 12 parking spaces, including a detached carport and rear storage unit. Currently operating at 100% occupancy with long-term tenants, this asset offers significant rental upside potential, estimated at approximately 80%, based on post-renovation market rents. Recent improvements include a new roof (2023), fresh exterior paint, and a newly paved driveway (2024). The property's location near Arcadia, the Santa Anita Racetrack, and the Shops at Santa Anita, coupled with its proximity to numerous amenities and a high median household income ($88,333 within 1 mile) and home value ($936,095 within 1 mile), ensures strong tenant demand. The large lot size also presents potential for future value-add opportunities, such as the construction of additional dwelling units (ADUs). Located in unincorporated Los Angeles County, the property is subject to County of LA rent control, currently allowing for a 4% annual increase. This meticulously maintained property offers a rare blend of immediate income and long-term growth potential, making it an ideal addition to any discerning investor's portfolio. The asking price is $2,325,000, with a price per unit of $290,625 and a price per square foot of $360. The Net Operating Income (NOI) is $59,787. The property's APN is 5379-003-025 and is zoned LCR3YY.