Buy and Sell with Pauline Cheng
Pauline Cheng
626 461 5507626 461 5507

6933 Rosemead Boulevard, San Gabriel, CA 91775 (MLS # 820000067)

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PRICE $9,750,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 39,274 sqft

Highest current cap rate in San Gabriel at +/-4.88%! Country View Apartments-40 units apartment. Desirable area of north San Gabriel, south of Huntington Drive - adjacent to Pasadena, Arcadia. Huge almost 1-acre lot, excellent opportunity for an investor to acquire in this high-demand submarket and generate excellent cash flow. Costly interior renovations have been completed, just make the less expensive exterior/cosmetic improvements to dramatically increase value. Property sold 'As-Is' in its present condition, Seller will not pay or make any repairs or replacements.Total building size is +/-23,805 square feet, sitting on a huge +/-39,273 square foot lot. Unit mix: (35) 1 bed / 1 bath, (5) 2 bed / 2 bath. Owner made significant capital expenditures by renovating 95% of the units with granite countertops, updated kitchen cabinets, laminate flooring, ceiling fans, and updated bathroom sink cabinets. Entire building has been upgraded with copper plumbing (hot and cold water lines), and brand new water heaters. All units have walk-in closet and storage space. 57 total covered parking spaces and laundry room generate significant income. Buyer to verify all information herein. Broker/Agent and Seller does not guarantee its accuracy.

DAYS ON MARKET 51 LAST UPDATED 1/9/2020
TRACT Not Applicable - 1007242 YEAR BUILT 1964
COMMUNITY San Gabriel COUNTY Los Angeles
TOTAL PARKING 57 STATUS Active
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
CARPORTSPACES 57.00
FLOORING Laminate
GARAGESPACES 0.00
LANDLEASEYN 0
LAUNDRYFEATURES Community
LEVELS Two
LISTAGENTSTATELICENSE 02028509
LOTSIZESOURCE Other
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 654 - San Gabriel
PARCELNUMBER 5379018038
PARKINGFEATURES Attached Carport
PROPERTYTYPE Residential Income
SECURITYFEATURES Gated Community
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active


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Listing provided by : Tzu-ning Chang License # 02028509, Keller Williams Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2/26/20 7:19 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

About Pauline Cheng

Picture of Pauline Cheng

Pauline Cheng

DRE License #00993691

pauline@paulinecheng.com

488 E. Santa Clarita, Suite 101, Arcadia, CA 91006

Keller Williams Realty Arcadia

For most families, purchasing a home is the single largest and most exciting financial decision they can make. That is why I take finding a home for my clients very seriously. I am not only committed to finding you a home, but to finding you the absolute best home on the market, and if one does not exist on the market, I search off-market properties and do my very best to find you the right Arcadia home for the right price.

Reviews

5Longdenhouse

When my husband and I decided to sell our house, Pauline Cheng was the first agent we interviewed and we knew right away she was the right agent whom we could trust in selling our house. Pauline and her assistants were very professional,competent, and... (more)

5Lisa 234

We would like to refer Pauline Cheng to anyone for their real estate needs.

When we decided to sell our house in Arcadia, we initially wanted to list our home with another agent who helped us purchased the house 10 years ago, when things did not work out –... (more)

5Photonics

Pauline is very knowledgeable on her service areas. She is very professional and honest towards her customers. Whenever her customers have any specific requests, she usually responds rapidly and tries every possibility to come up with solutions. I would have... (more)

Review Pauline Cheng on Zillow.com