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.

Listing courtesy of Dana Coronado of Compass

Based on information from the The MLS as of 2024-12-12 06:27 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.