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Active 0 days on market

1312-1314 New Avenue

San Gabriel, CA 91776

$1,590,000

1312-1314 New Avenue
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+3 more
6Beds
0Baths
2,405Sq Ft
0.24Acres
1946Built

About This Home

Positioned in San Gabriel's tightly held multi-family corridor just off New Ave, this rare 0.24-AC (approx. 10,450 SF) flat lot presents an unmatched investment opportunity with exceptional long-term investment hold potential. Perfect for passive cash-flow investors, 1031 exchange buyers, or savvy owner-users, this high-performing multi-unit property features four detached units and all were extensively remodeled with the last 3 years. This standalone configuration offers high-quality tenants single-family-style privacy that drives high monthly rent income, premium rental yields, stable occupancy, and excellent tenant retention, making it an ideal cornerstone for an income-focused portfolio or an owner-user setup. The highly desirable unit mix consists of 1 x 3BD/1BA, 2 x 2BD/1BA, and a newer-constructed 1BD/1BA bonus unit; fully modernized following massive, comprehensive capital expenditures over the last three years to ensure peak operational performance, maximize long-term value, and eliminate immediate maintenance overhead in an established rental market. Beyond immediate powerhouse cash flow and a flawless, stable occupancy history, the expansive parcel features high-upside SLR3YY Zoning, offering massive future development or ADU expansion potential (buyer to verify). Located minutes from the vibrant Valley Blvd and Las Tunas commercial & dining hubs, this multi-unit income property delivers an un-replicable location premium. Secure this rare San Gabriel asset and anchor your portfolio with unmatched cash flow & long-term upside.

Property Details

Property TypeResidentialIncome
Year Built1946
Living Area2,405 sq ft
Lot Size0.24 acres
Bedrooms6
Bathrooms0 full
Parking Total0
HeatingWallFurnace
CoolingWallWindowUnits
PoolNo
MLS #1173297152
Days on Market0 days

Location

Listed by

Ting Zhou

eXp Realty of Greater Los Angeles

MLS# CLW-C144712

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.