311 S San Marino Avenue, San Gabriel, CA 91776
List Price: $1.5M
Listing Status: Active
0Days on Market: 28
5 Bedrooms · 5 Bathrooms · 5,564 sq ft
Property Type: Residential
Year Built: 1913
Lot Size: 5,250 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: WS26109519
About This Property
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.
Listing provided by: JASON WEI DRE #01968787 626-229-2200 jasonwei118@gmail.com, RE/MAX PREMIER/ARCADIA