San Gabriel, CA 91776,401 E Live Oak Street
San Gabriel, CA 91776,401 E Live Oak Street
San Gabriel, CA 91776,401 E Live Oak Street
San Gabriel, CA 91776,401 E Live Oak Street
San Gabriel, CA 91776,401 E Live Oak Street
San Gabriel, CA 91776,401 E Live Oak Street
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$ 9,980,000
Est. payment | /mo

8 Beds

6 Baths

1.16 Acres Lot


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$ 9,980,000
Est. payment | /mo
Save

8 Beds

6 Baths

1.16 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25220267

Bedrooms 8

Lot Size 1.162 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Rare opportunity for a 32-unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one-bedroom, 13 two-bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well-maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single-car covered parking space for each unit, and an on-site laundry facility along with additional supply rooms. This well-maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifamily asset in a supply constrained, high-demand San Gabriel/San Marino adjacent location. Attractive in-place financing is available at a fixed rate of 3.92% through November 2026, for immediate cost savings for investors. The property also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns. NEARLY ALL UNITS AVAILABLE FOR RENTAL INCREASES JUNE 1. The city of San Gabriel is NOT subject to any additional rent control outside of statewide rent control ab1482.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction San Gabriel and Las Tunas

Interior

Fireplace No

Exterior

Pool Private

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5367015014

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Liza Valayati Valiant Multi-Family Group

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Valentine Elementary School

    Public | KG - 5

  • 9

    Carver Elementary School

    Public | KG - 5

  • 9

    Mildred B. Janson Elementary School

    Public | KG - 6

  • 8

    Garfield Elementary School

    Public | KG - 8

  • 8

    Ramona Elementary School

    Public | KG - 8

  • 8

    Baldwin Elementary School

    Public | KG - 8

  • 8

    Wilson Elementary School

    Public | KG - 5

  • 8

    Emma W. Shuey Elementary School

    Public | KG - 6

  • 8

    Emperor Elementary School

    Public | KG - 6

  • 8

    La Rosa Elementary School

    Public | KG - 3

  • 8

    Longden Elementary School

    Public | KG - 6

  • 8

    Cloverly Elementary School

    Public | 4 - 6

  • 7

    Marguerita Elementary School

    Public | KG - 8

  • 7

    Ynez Elementary School

    Public | KG - 8

  • 7

    Hamilton Elementary School

    Public | PK - 5

  • 7

    Bitely (Arlene) Elementary School

    Public | KG - 6

  • 7

    Washington Elementary School

    Public | KG - 5

  • 7

    Dewey Avenue Elementary School

    Public | KG - 6

  • 7

    Hugo Reid Elementary School

    Public | KG - 5

  • 6

    Coolidge Elementary School

    Public | KG - 5

Middle Schools 10
  • 9

    Huntington Middle School

    Public | 6 - 8

  • 9

    Oak Avenue Intermediate

    Public | 7 - 8

  • 7

    Garvey (Richard) Intermediate School

    Public | 7 - 8

  • 7

    Temple (Roger W.) Intermediate School

    Public | 7 - 8

  • 7

    Jefferson Middle School

    Public | 6 - 8

  • 7

    Muscatel Middle School

    Public | 7 - 8

  • 4

    Wilson Middle School

    Public | 6 - 8

  • 2

    Options for Youth San Gabriel

    Public | 7 - 12

  • 0

    Southwestern Academy

    Private | 6 - 12

  • 0

    Rosemary School

    Private | 8 - 12

High Schools 13
  • 10

    Mark Keppel High School

    Public | 9 - 12

  • 10

    San Marino High School

    Public | 9 - 12

  • 9

    Alhambra High School

    Public | 9 - 12

  • 9

    Gabrielino High School

    Public | 9 - 12

  • 9

    Temple City High School

    Public | 9 - 12

  • 8

    San Gabriel High School

    Public | 9 - 12

  • 7

    Rosemead High School

    Public | 9 - 12

  • 0

    Ramona Convent Secondary School

    Private | 9 - 12

  • 0

    First Presbyterian School

    Private | 9 - 12

  • 0

    Rose City High (Continuation)

    Public | 9 - 12

  • 0

    San Gabriel Mission High School

    Private | 9 - 12

  • 0

    Del Mar High School

    Public | 10 - 12

  • 0

    Dr. Doug Sears Learning Center

    Public | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

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401 E Live Oak Street