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$ 10,700,000
Est. payment /mo
Active
401 E Live Oak Street San Gabriel, CA 91776
32,601 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 32,601 sqft
Price per Sqft $328
MLS Listing ID CROC25220267
HOA Y/N No
Year Built 1961
Lot Size 1.162 Acres
Acres 1.16
Property Sub-Type Other
Property 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Paved
New Construction No
Others
Tax ID 5367015014
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Listed by Liza Valayati • Valiant Multi-Family Group
