San Gabriel, CA 91776,1408 New AVE

$5,309,000

Est. payment /mo

$5,950,000

10.8%
Est.Price: ?

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1408 New AVE San Gabriel, CA 91776

0.47 Acres Lot

SOLD DATE : 04/03/2014

Key Details

Sold Price $5,309,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR14006361

Sold Date 04/03/14

HOA Y/N No

Year Built 1988

Tax Year 2012

Lot Size 0.473 Acres

Property Description

This 16 units luxury condo style income property is a newer construction which was built in 1988 in one of the best locations in the city of San Gabriel. Minutes away from San Gabriel Square, Hilton Square and Hawaii Supermarket. An excellent unit mix of Six (6) 3 bedroom and 2.5-bathroom units and Ten (10) 2-bedroom and 2-bathroom units, each unit has direct access 2 car attached Garage, Washer/Dryer hookup and Central A/C. The property is separately metered for electricity and gas with Laundry facility available on site. The property is a two story building with a steady history of occupancy and is well maintained. First time on the market since 1988. Great upside potential.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry Gas Dryer Hookup, In Garage

Exterior

Garage Direct Access, Garage

Garage Spaces 32.0

Garage Description 32.0

Pool None

Community Features Street Lights

Utilities Available Sewer Connected

Parking Type Direct Access, Garage

Total Parking Spaces 34

Private Pool No

Building

Lot Description 16-20 Units/Acre

Water Public

Others

Tax ID 5360013002

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Carol Lee • Re/Max Premier Prop SanMarino
Bought with Teresa Ting • Masters Realty

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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