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10 UNITS | SAN GABRIEL
$3,750,000

Sold
  • Summary
  • Location
  • Amenities

Realty Investment Advisors proudly presents 1548 New Avenue, a 10-unit apartment building nestled in prime San Gabriel. Located just three lots from the intersection of Valley Blvd and New Avenue, this property offers unparalleled convenience, being directly across from 168 Market, CVS, Valley Square, and an array of amenities. Along Valley Blvd, you’ll find the Hilton Hotel, 99 Ranch Market, San Gabriel Square, The Marketplace-Alhambra and an abundance of popular cafes, restaurants, and shops. Located in a high-density area with approximately 257,259 residents within a 3-mile radius, coupled with robust foreign capital investments, this offering presents a secure investment opportunity with substantial appreciation potential. Offered for the first time on the market since 1996 (28 years!), the property features (2) two-bedroom one-bathroom units and (8) one-bedroom one-bathroom units. Situated on a spacious ±10,406 square foot lot zoned R3, the building was built in 1960 and is separately metered for both gas and electricity. Additionally, an on-site laundry room adds convenience for tenants. Benefiting from the highly sought-after San Gabriel schools, this property offers appeal to potential tenants and investors alike.

  • Three Units Delivered Vacant
  • A+ Location in Prime San Gabriel
  • First Time on the Market in 28 Years!
  • Individually Metered for Gas & Electricity
  • Realistic Upside in Rents
  • 1960 Construction
  • No Local Rent Control; Subject to AB1482 (5% + CPI Annual Increases)

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