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$ 10,700,000
Est. payment | /mo
8 Beds
$ 10,700,000
Est. payment | /mo
8 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25220267
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction San Gabriel and Las Tunas
Interior
Fireplace No
Exterior
Pool Private
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5367015014
Listed by Liza Valayati Valiant Multi-Family Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "