Closed at a strong cap rate & GRM. For further information please contact us!
Highlights:
• 15 large units in San Gabriel
• Long-term owner
• Over 13,000 sq ft of building
• Mainly two (2) bedroom units
• Walking distance from Rosemead Park
• Easy access to freeways & downtown
• Built in 1963
• Considerable upside in rents
Amenities and stuff!
here is the floor plan
• 8-Unit Apartment Community in Prime Silver Lake • Offered at a Current 6.20% Cap Rate • 7 of 8 Units Fully Renovated or Newly Constructed in 2023 • Two New-Construction Units NOT Subject to Rent Control • Modern Unit Interiors with High-End Finishes and In-Unit Laundry • Major Systems Replaced: Electrical, Plumbing, Drain Lines, Windows, Doors • Three-Building Layout with Smooth Stucco Exteriors • Two Buildings with New Roofs • 7 On-Site Parking Spaces • Exceptional Location Near Silver Lake Reservoir and Sunset Boulevard
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