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    401 Clary Avenue

    San Gabriel, CA 91776
    • $2,280,000
    • STATUS: Pending
    • ON SITE: 144 days
    • ID#: AR20241010
    Pending
    UPDATED: 29 min ago
    $2,280,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,380
      SQFT
    • $357
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    401 Clary Ave is a pride of ownership property in one of the best locations in the City of San Gabriel (incorporated area). The property is a well-maintained 6-unit garden style apartment located in the Mission District - across the street from the historic San Gabriel Mission and just within walking distance to San Gabriel Valley Medical Center/Hospital, and San Gabriel City Hall. This is a rare offering for small asset with this quality and unit mix in one of the best locations in the City of San Gabriel. The property is a 2-story garden style apartment with a total of 6,380 SF, which translates to large units (estimated average unit size is 1,060SF/unit buyer to verify!). It offers an excellent unit mix of two (2) x 2bedroom+2bathroom and four (4) x 2bedroom+1bathroom units. It was built in 1962 and situated on a 9,494SF corner lot offering excellent visibility and great curb appeal. Parking is provided via three (3) x 2 car garages, and two (2) x 1 car garages for a total of 8 garage spaces. It has a shared laundry facility (laundry lease) and each unit is individually metered for electricity and gas. Unit F (2b+2b) has a central A/C and heating complete with a large balcony. Recent capital improvements including windows upgrade throughout, recently painted exterior (3 years ago), and mostly replaced sprinkler pipe. There are 2 additional storage rooms (1 rented).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/112173941
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    401 Clary Avenue San Gabriel, CA 91776

    • Price: $2,280,000
    • Status: Pending
    • Updated: 29 min ago
    • ID#: AR20241010
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    6,380
    SQFT
    $357
    $/SQFT
    1962
    Built
    Neighborhood:
    654 - San Gabriel
    County:
    Los Angeles
    Area:
    654 - San Gabriel
    Property Description
    401 Clary Ave is a pride of ownership property in one of the best locations in the City of San Gabriel (incorporated area). The property is a well-maintained 6-unit garden style apartment located in the Mission District - across the street from the historic San Gabriel Mission and just within walking distance to San Gabriel Valley Medical Center/Hospital, and San Gabriel City Hall. This is a rare offering for small asset with this quality and unit mix in one of the best locations in the City of San Gabriel. The property is a 2-story garden style apartment with a total of 6,380 SF, which translates to large units (estimated average unit size is 1,060SF/unit buyer to verify!). It offers an excellent unit mix of two (2) x 2bedroom+2bathroom and four (4) x 2bedroom+1bathroom units. It was built in 1962 and situated on a 9,494SF corner lot offering excellent visibility and great curb appeal. Parking is provided via three (3) x 2 car garages, and two (2) x 1 car garages for a total of 8 garage spaces. It has a shared laundry facility (laundry lease) and each unit is individually metered for electricity and gas. Unit F (2b+2b) has a central A/C and heating complete with a large balcony. Recent capital improvements including windows upgrade throughout, recently painted exterior (3 years ago), and mostly replaced sprinkler pipe. There are 2 additional storage rooms (1 rented).
    Exterior Features

    Lot Features Near Park Number Of Separate Electric Meters 7 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Cooling Central AirWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features SidewalksValleyPark Contingency None Current Financing None Electric Expense 1382 Fuel Expense 1823 Garage YN Yes Gross Income 117449 Gross Scheduled Income 117449 Insurance Expense 2531 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 71552 New Construction YN No New Taxes Expense 29534 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 45897 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 117449 Trash Expense 2628 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Slr3yy

    Listing provided courtesy of Handoko Chen of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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