6230 N San Gabriel Blvd | 22 Unit Multifamily

Highlights:

• FIVE UNITS DELIVERED VACANT
• HUGE UPSIDE POTENTIAL
• POTENTIAL FOR ADU'S
• PRIME SAN GABRIEL VALLEY LOCATION

Description:

The San Marino Park Arms is a 22-unit apartment building, with 5 units being delivered vacant. This two-story garden-style walk-up building was built in 1960 and encompasses 18,820 SF on a 26,166 SF lot. The property features 26 covered parking spaces, a common area courtyard, and laundry facilities.
The unit mix comprises:
(8) 2 Bedroom + 2 Bathroom units
(6) 2 Bedroom + 1 Bathroom units
(8) 1 Bedroom + 1 Bathroom units

Prime San Gabriel Valley location, steps from the San Gabriel Country Club, with easy access to major freeways, top-rated schools, and a wealth of shopping, dining, and entertainment options in neighboring cities such as San Marino, Pasadena, and Arcadia.

Visit 6230sangabriel.com for Offering Memorandum and financials.
6230 N. San Gabriel Blvd. offers multiple opportunities to enhance cash flow. The vacancies allow a new owner to implement a value-add strategy to bring units up to market rental rates. Additionally, there is potential to add Accessory Dwelling Units (ADUs), convert the laundry facilities from a lease to owned, and apply capital expenditures to improve the building’s exterior.

Five Units Delivered Vacant. Do not walk on property. Email david@swgrp.com and megan@swgrp.com to register for a tour date. The property is to be sold "AS IS" "WHERE IS" condition with all faults known and unknown with absolutely no representations or warranties expressed or implied by Seller or Sellers Agents to Buyer. Buyer to verify with appropriate entities and satisfy self. Buyer to verify all information provided, including permits & uses, bed/bath counts, SQFT, and accuracy of all info provided. Agents make no representations. Sale is subject to court confirmation and possible overbid.