Listing Agent: JASON WEI      Broker/Office: RE/MAX PREMIER/ARCADIA
311 San Marino Avenue S San Gabriel CA 91776
$ 1,498,000
  5   |    4   |    5564 Sq Feet

Listing ID

#WS26109519

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1913

Days on website

31

Description
GENERATING APPROXIMATELY $10,700 IN TOTAL MONTHLY RENTAL INCOME, this rare investment opportunity is located in the heart of San Gabriel! This versatile mixed-use income property features a two-story building with 5 commercial and residential units, offering strong cash flow potential and flexible use opportunities. The first floor consists of two commercial units: 311 and 315, ideal for office, retail, warehouse, or mixed business operations. Unit 311 features a spacious basement of approximately 2,200 SqFt, perfect for storage or additional workspace, along with an exterior 3/4 bathroom. Unit 315 includes a private office area, storage space, and a 1/2 bathroom. The two units are currently leased for $4,000 per month ($2,000 each).
The second floor offers three residential income units: Unit 313-A: 3 bedrooms and 2 bathrooms, currently rented for $2,800/month; Unit 313-B: 1 bedroom and 1 bathroom, currently rented for $1,600/month; Unit 313-C: 1 bedroom and 1 bathroom, currently rented for $1,600/month. In addition, an extra room located in the backyard is currently generating $700/month in rental income. Whether you are looking to expand your investment portfolio, operate your own business while collecting rental income, or explore redevelopment potential, this unique mixed-use property offers exceptional versatility and long-term opportunity in a highly desirable location.
Location
Financial Information
List Price:  $ 1498000
Property Features
Community Features:  Sidewalks
High School District:  San Marino Unified
Levels:  Two
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  San Marino Unified
MLS Area Major:  654 - San Gabriel
City:  San Gabriel
Senior Community YN:  false
Listed By:   JASON WEI   RE/MAX PREMIER/ARCADIA 
CA Lic#