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Dilbeck Real Estate
Real Living
1030 Foothill Blvd
La Canada Flintridge CA 91011
818-790-6774
130 South Mission Drive,  SAN GABRIEL CA, 91776 (Active)
$2,083,000
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MLS# WS13020929
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Last Updated: 5/26/2013 2:35 AM
Description for 130 South Mission Drive SAN GABRIEL, CA 91776
An excellent opportunity for developer and EB-5 investor, the property situates in the heart of City of San Gabriel, in a high demand rental area of the San Gabriel Mission District. 130 S Mission has a well-maintained and very spacious 8 units apartment, average unit size is 952 Sqft. 717 Padilla St, adjacent to the subject property, has a rental single family house around 1024 Sqft building size. Separate electric and gas meters. Close to everything. No rent control, current rents are considerably below the market rate with plenty of upside potential. Two lots together have almost 20,000 sqft land. The price is for 2 lots. Owner has a mixed-use project with 6 commercial units and 11 residential condo units on both lots. The project blue print has already been passed by the City?s Planning and Design Review Commissions; Conditional Use Permit needs to be updated. After update is ready for applying plan check and building permit. It will be the first mixed-use project in the San Gabriel Mission District. Plan will be available upon request. Buyer should verify with City regarding the redevelopment opportunity. Information deemed reliable but not guaranteed.
Price
$2,083,000
Los Angeles
WS13020929
Active
Description
An excellent opportunity for developer and EB-5 investor, the property situates in the heart of City of San Gabriel, in a high demand rental area of the San Gabriel Mission District. 130 S Mission has a well-maintained and very spacious 8 units apartment, average unit size is 952 Sqft. 717 Padilla St, adjacent to the subject property, has a rental single family house around 1024 Sqft building size. Separate electric and gas meters. Close to everything. No rent control, current rents are considerably below the market rate with plenty of upside potential. Two lots together have almost 20,000 sqft land. The price is for 2 lots. Owner has a mixed-use project with 6 commercial units and 11 residential condo units on both lots. The project blue print has already been passed by the City?s Planning and Design Review Commissions; Conditional Use Permit needs to be updated. After update is ready for applying plan check and building permit. It will be the first mixed-use project in the San Gabriel Mission District. Plan will be available upon request. Buyer should verify with City regarding the redevelopment opportunity. Information deemed reliable but not guaranteed.
Listing Information
Property Type: Land
19,738 Sq. Ft. Public Records $105.53
Neighborhood
Room Information
Exterior / Lot Features
SLR3
Street Lighting
Financial Considerations
5362001008
Cash, Cash To New Loan
Listing Price History

SAN GABRIEL Real Estate

SAN GABRIEL is located in California. SAN GABRIEL, California 91776 has a population of  39,718.

The median household income in SAN GABRIEL, California 91776 is $51,257. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in SAN GABRIEL 91776 is 40.3 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Treeline Realty
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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409774 - Dilbeck Real Estate
Real Living