311 S San Marino Avenue, San Gabriel, CA 91776
- $1,498,000
- 5
- BD
- 5
- BA
- 5,564
- SqFt
- List Price
- $1,498,000
- Status
- ACTIVE
- MLS#
- WS26109519
- Year Built
- 1913
- Bedrooms
- 5
- Bathrooms
- 5
- Living Sq. Ft
- 5,564
- Lot Size
- 5,250
- Acres
- 0.12
- Lot Location
- Street Level
- Days on Market
- 69
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property 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.
Additional Information
- Pool Description
- None
- Heat
- Heat Pump
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- San Marino Unified
- Interior Features
- All Bedrooms Up
- Attached Structure
- Attached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: JASON WEI (jasonwei118@gmail.com) from Listing Office: RE/MAX PREMIER/ARCADIA.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.