401 E Live Oak Street Active Save Request In-Person Tour Request Virtual Tour
San Gabriel,CA 91776
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25220267
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity for a 32-unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one-bedroom, 13 two-bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well-maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single-car covered parking space for each unit, and an on-site laundry facility along with additional supply rooms. This well-maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifamily asset in a supply constrained, high-demand San Gabriel/San Marino adjacent location. Attractive in-place financing is available at a fixed rate of 3.92% through November 2026, for immediate cost savings for investors. The property also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns.
Location
State CA
County Los Angeles
Zoning Public Rec
Exterior
Pool Private
View Y/N No
Building
Story 2