6230 N San Gabriel Boulevard
San Gabriel, CA 91775
18820 sqft | 36 beds | 0.60 acres | #25490337
Description
Court Confirmation & Overbid Hearing: April 14th, 2025. Starting Minimum Bid: $6,100,000. See private remarks for all details and further instructions to overbid. 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.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.
Property Details
- ViewCourtyard, GolfCourse
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- InteriorCeilingFans
- CountyLos Angeles
- Original List Price$4,250,000
- Lot DescriptionFrontYard
- MLS #25490337
- MLS #25490337
- Cost4250000
- Acres0.6009
- Square Feet18820
- Year Built1960
- Bedrooms36
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Weinberger (#CLW-C115165)
Listing Office: Keller Williams Studio City (#CLW-X74052)
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