1312-1314 New Avenue
San Gabriel, CA 91776
$1,590,000
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
Location
Listed by
Ting Zhou
eXp Realty of Greater Los Angeles
MLS# CLW-C144712
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