401 Live Oak Street, San Gabriel, CA 91776
  • MLS#: OC25220267 ( Apartment )
  • Street Address: 401 Live Oak Street
  • Viewed: 3
  • Price: $10,700,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 34
  • Additional Information
  • County: LOS ANGELES
  • City: San Gabriel
  • Zipcode: 91776
  • Provided by: Valiant Multi-Family Group
  • Contact: Liza Liza
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare opportunity for a 32 unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one bedroom, 13 two bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single car covered parking space for each unit, and an on site laundry facility along with additional supply rooms. This well maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifamily asset in a supply constrained, high demand San Gabriel/San Marino adjacent location. Attractive in place financing is available at a fixed rate of 3.92% through November 2026, for immediate cost savings for investors. The property also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns.
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Features
Building Area Total
  1. 32601.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 4284.00
Entry Location
  1. Live Oak Street
Fuel Expense
  1. 11862.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Laundry Income
  1. 7980.00
Levels
  1. Two
Lot Features
  1. Paved
Netoperatingincome
  1. 451322.00
Number Of Separate Electric Meters
  1. 32
Number Of Separate Gas Meters
  1. 32
Parcel Number
  1. 5367015014
Pool Features
  1. Private
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 447488002:CRM
Totalexpenses
  1. 300233.00
Trash Expense
  1. 12976.00
Water Sewer Expense
  1. 22773.00
Water Source
  1. Public
Year Built
  1. 1961
Year Built Source
  1. Public Records