Courtesy of: Handoko Chen 01749321 | GIG Real Estate Inc.
Purchase Type: Sale
MLS ID: AR21249400
Days On Market: 39
Year Build: 1950
Lot size: 0.571
Property Type: Residential Income
Property Subtype: Apartment
New Construction: No
Heating: Central, Wall Furnace
Fireplaces Features: None
Swimming Pool: No
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Address: 5212 N Muscatel Avenue
County: Los Angeles
City: San Gabriel
Neighborhood: 654 - San Gabriel
Pool Features: None
5212 N Muscatel Ave, a 5 single family houses situated on 2 parcels in the desirable City of San Gabriel (UNINCORPORATED AREA of Los Angeles county). This rare to find gem of a property is located on a quiet residential street with many new townhouses and PUD developments, yet just a block away from the Rosemead Blvd retail corridor which offers excellent area amenities to tenants. This offering provides a rare opportunity to investors to acquire excellent asset in a very strong rental market. First time for sale for more than TWENTY (20) years!
The property consists of 2 lots. The front lot has 4 SFR units, it was built in 1950, has a total of ±22,043sqft lot, the back lot has 1 SFR that was built in 1955 and situated on a ±2,797sqft lot. Total combined building size is ±4,381sqft with total combined lot size of ±24,840 SF. It offers an excellent curb-appeal and neatly manicured landscaping. Each house is a stand-alone unit by itself complete with attached garage and private backyard, no shared wall between units.
The front house is a 3 bed + 1.5 bath unit that was recently updated with new flooring, new kitchen, new bathroom, central A/c and heating, laundry hookups and large private backyard. The remaining 4 units are 2bed+1bath houses. From total of 5 units, 3 have been updated, 4 units have updated vinyl windows. Each unit has laundry hookups, private backyard and attached garage. The front house has a large private backyard, while the remaining 4 houses each have sizable private backyard. The back house which sits on a separate lot has 3 car garages (1 is attached the other 2 are detached).
Parking is abundant with 7 attached car garages, 2 additional open space, and 6 tandem spaces in front of the garages, for a total of 15 parking spaces. The property does NOT have any tuck-under parking and does NOT require any soft story retrofit.
The location is superb on a quiet residential street with many new townhouses, PUDs and SFR in the area. It is only a block away from the popular Rosemead Blvd retail corridor with many restaurants, groceries, and shopping centers nearby. It is minutes away from immensely popular Westfield Santa Anita Mall in Arcadia and has easy access to City of Pasadena. FWY 210 and FWY 10 are minutes away from the property. The city of San Gabriel itself is bordered by City of San Marino, Pasadena, Arcadia, Temple City, and Alhambra.
Listing Agent: Handoko Chen 01749321 Courtesy of: GIG Real Estate Inc. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
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