4 Unit Multifamily
33 Views
5716-18 North Charlotte Avenue, San Gabriel, CA, US
Location<br>The subject property is located within a neighborhood close to the major intersections of San Gabriel Boulevard and Las Tunas Drive. The area offers an array of restaurants and retailers and is walking distance from the San Gabriel Promenade shopping center that is anchored by 168 Market. <br><br>Sale<br>This opportunity offers a 4 unit multifamily investment within a historically low vacancy area. The unit mix consists of (2) two bedrooms and (2) one bedrooms, with one unit upstairs and 3 units downstairs. The front 2 units have interior remodel, rear 3 units have new window & all units have new water heaters & HVAC. The roof has also been recently repaired. The units all have a carport parking and the two bedrooms have an additional open parking.
The current rents are below market and offer a potential investor room for growth. The current owner has not raised the rents since purchasing this asset in 2016.