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Key Details
Sold Price $5,760,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 18,820 sqft
Price per Sqft $306
MLS Listing ID 25490337
Sold Date 05/01/25
Bedrooms 36
HOA Y/N No
Year Built 1960
Lot Size 0.601 Acres
Property Description
The San Marino Park Arms is a 22-unit apartment building, with 5 units being delivered vacant. This two-story garden-style walk-up building was built in 1960 and encompasses 18,820 SF on a 26,166 SF lot. The property features 26 covered parking spaces, a common area courtyard, and laundry facilities. Prime San Gabriel Valley location, steps from the San Gabriel Country Club, with easy access to major freeways, top-rated schools, and a wealth of shopping, dining, and entertainment options in neighboring cities such as San Marino, Pasadena, and Arcadia. The vacancies allow a new owner to implement a value-add strategy to bring units up to market rental rates.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning LCR3*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Oven, Range, Range Hood
Laundry Common Area
Exterior
Parking Features Covered, Carport, Detached Carport, Private
Pool None
View Y/N Yes
View Courtyard, Golf Course
Porch Open, Patio
Attached Garage No
Total Parking Spaces 26
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5374001021
Acceptable Financing Court Approval
Listing Terms Court Approval
Special Listing Condition Standard
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Bought with KEVIN LUTZ • Keller Williams Realty/Pasadena