Thank you
Alex Lai
Longo Realty, Inc.
626-282-9105
Emerald Beach Apartments 97% Occupied-Stabilized, Near Pacific Plaza San Gabriel newest mixed use development. This property is a gem as all 36 units are in a single building (unit mix consists of 32 - studios, 2 - 1 bedroom and 2 - 2 bedroom). The property boasts a very prime location on San Gabriel Boulevard, within distance to Valley Blvd Corridor and Las Tunas. Current CAP Rate of 5.05% with Proforma of 6.49%
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Water Source : Public
Sewer : Public Sewer
Year Built: 1963
Building Area Total: 12,441
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.3798
Lot Size Source: Assessor
Lot Size Square Feet: 16545
Original List Price: 7,999,999
Listing Contract Date: 2024-03-11
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5372004007
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 654 - San Gabriel
Postal Code Plus 4: 3127
Directions: San Gabriel and Wells
Zoning: SLC3*
Source Property Type: Residential Income
Area: 654 - San Gabriel
Property SubType: Apartment
Property Age: 61
Common Walls: 1 Common Wall
Structure Type: Apartment
Year Built Source: Public Records
Entry Level: 1
Entry Location: Front
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
328 E Live Oak Street #5, San Gabriel, CA,91776 | $958,000 | 3 | 2 | 1,702 | 25377 Sqft |
5563 N Burton Avenue, San Gabriel, CA,91776 | $1,299,000 | 4 | 3 | 2,108 | 3127.8 Sqft |
857 Carillo Drive, San Gabriel, CA,91776 | $1,200,000 | 2 | 2 | 1,732 | 6471 Sqft |
857 Carillo Drive, San Gabriel, CA,91776 | $1,200,000 | 2 | 2 | 1,732 | 6471 Sqft |
409 E Grand Avenue, San Gabriel, CA,91776 | $2,373,100 | 6 | 5 | 3,500 | 8451 Sqft |
917 S Ramona Street, San Gabriel, CA,91776 | $1,850,000 | 4 | 4 | 2,715 | 7500 Sqft |
5323 N Delta Street, San Gabriel, CA,91776 | $949,000 | 2 | 1 | 922 | 7544 Sqft |
5558 N Charlotte Avenue, San Gabriel, CA,91776 | $1,698,800 | 5 | 3 | 2,977 | 7375 Sqft |
1420 Palm Avenue #E, San Gabriel, CA,91776 | $856,000 | 3 | 2 | 1,622 | 33311 Sqft |
1221 S Ramona Street, San Gabriel, CA,91776 | $799,000 | 2 | 1 | 936 | 23699 Sqft |
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ByOwner last updated this listing 04/28/2024 @ 08:14
MLS: WS24049147
LISTED BY: ALEX LAI, Longo Realty, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.