Property Detail
Description
The Ivy Manor is located in an excellent part of San Gabriel, just a few blocks from Arcadia, the Santa Anita Racetrack, and the Shops at Santa Anita. The property was built in 1956 and sits on an almost 14,000 SF lot, and features four (1Br+1Ba) apts and four (2Br+1Ba) apts. There is also rear detached carport parking and a rear storage unit, as well as open parking for a total of 12 parking spaces. The units are spacious and average over 800 SF. Occupied by long term tenants, there is tremendous rental upside of appx 80%! There is also potential to build ADU's in the rear, further increase the value-add component. With a new roof in 2023 and fresh asphalt and exterior paint in 2024, this is an ideal addition to any astute owner's portfolio. Marketing package with rent roll is available upon request.
Map Location
Listing provided courtesy of Dana Coronado of Compass. Last updated 2024-11-26 09:11:19.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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