5730 N Willard Avenue

    San Gabriel, CA 91775
    • $16,200,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 19503922
    UPDATED: 64 min ago
    $16,200,000
    • 0
      BEDS
    • 1.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 38,996
      SQFT
    • $415
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    The Coral Reef is a two-story, 62 unit multifamily property that was constructed in 1948 and 1963 on an oversized ++G++G+-1.55 acre lot, with a total building size of ++G++G+-38,996 square feet. The lushly landscaped courtyard property offers an intercom entry, a remote controlled parking gate, an on-site laundry facility, a gated pool, 81 parking spaces, and a stand-alone recreation room. The Coral Reef has a desirable unit mix of 14 studios, 5 one-bedroom/one-bathroom units, 39 two-bedroom/one-bathroom units, and 4 two-bedroom/one-and-one-half-bathroom units. Units are spacious and offer carpet and vinyl flooring, gas stoves, garbage disposals, and wall units for heating and cooling. The Coral Reef has been well-maintained and has seen partial unit renovations in approximately ++G++G+-40 units. Partially renovated units have been updated with tile, laminate, and/or vinyl-plank flooring, granite or quartz countertops, new wall units for cooling, and upgraded appliance packages.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/98333333

    5730 N Willard Avenue San Gabriel, CA 91775

    • Price: $16,200,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 19503922
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.55
    Acres
    38,996
    SQFT
    $415
    $/SQFT
    Neighborhood:
    654 - San Gabriel
    County:
    Los Angeles
    Area:
    654 - San Gabriel
    Property Description
    The Coral Reef is a two-story, 62 unit multifamily property that was constructed in 1948 and 1963 on an oversized ++G++G+-1.55 acre lot, with a total building size of ++G++G+-38,996 square feet. The lushly landscaped courtyard property offers an intercom entry, a remote controlled parking gate, an on-site laundry facility, a gated pool, 81 parking spaces, and a stand-alone recreation room. The Coral Reef has a desirable unit mix of 14 studios, 5 one-bedroom/one-bathroom units, 39 two-bedroom/one-bathroom units, and 4 two-bedroom/one-and-one-half-bathroom units. Units are spacious and offer carpet and vinyl flooring, gas stoves, garbage disposals, and wall units for heating and cooling. The Coral Reef has been well-maintained and has seen partial unit renovations in approximately ++G++G+-40 units. Partially renovated units have been updated with tile, laminate, and/or vinyl-plank flooring, granite or quartz countertops, new wall units for cooling, and upgraded appliance packages.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportOtherUncovered Parking YN Yes Pool Features Fenced Pool Private YN Yes

    Interior Features

    Appliances Disposal Appliances YN Yes Flooring CarpetWood

    Property Features

    Cable Tv Expense 1400.00 Electric Expense 7367.00 Fuel Expense 16829.00 Gross Multiplier 15.42 Gross Operating Income 1025280.00 Insurance Expense 12563.00 Licenses Expense 1500.00 Maintenance Expense 37200.00 Net Operating Income 623138.00 Other Expense 12400.00 Pool Expense 3000.00 Professional Management Expense 30758.00 Security Features Gated Community Special Listing Conditions Standard Total Expenses 402142.00 Trash Expense 10399.00 Water Sewer Expense 18046.00 Zoning La R3

    Listing provided courtesy of Priscilla Nee of Cb Richard Ellis, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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    475 E. Badillo Street
    Covina CA, 91723