Back to market. The property situates in the heart of City of San Gabriel, in a high demand rental area of the San Gabriel Mission District. Well-maintained and very spacious 8 units, average unit size is 952 SF. Separate electric meters, separate gas meters, and separate water heaters. No rent control, fully occupied. Current rents are considerably below the market rate with plenty of upside potential if you hold it for a long run. For developer and EB-5 investor, there is an option to also acquire 717 Padilla St adjacent to the subject property with a combined almost 20,000 SF lot (price for 717 Padilla is $595,000). Owner has a mixed-use project with 6 commercial units and 11 residential condo units on both lots. The project has already been passed by the City Planning and Design Review Commissions, Conditional Use Permit needs to be updated. After that, it will be ready for applying plan check to get the building permit. It will be an excellent mixed-use project in the San Gabriel Mission District. Blue print is available upon request only who is interested in buying both properties. Buyer should verify with City regarding the redevelopment opportunity. More info please see attached Marketing Package. Information deemed reliable but not guaranteed.