Price for 2 lots. The property situates in the heart of City of San Gabriel, in a high demand rental area of the San Gabriel Mission District. Well-maintained and very spacious 8 units with separate electric and gas meters. Close to everything. No rent control, current rents are considerably below the market rate with plenty of upside potential if you hold it for a long run. ***For developer and EB-5 investor, also with 717 Padilla St, adjacent to the subject property, has a rental single family house. Both lots total have almost 20,000 sqft land. The price is for both lots. Owner has a mixed-use project with 6 commercial units and 11 residential condo units. The project has already been passed by the City Design Review Board, no more public hearing required, now is ready for plan check and final permit. It will be the first mixed-use project in the San Gabriel Mission District. Plan will be available upon request only for the buyer who is interested in buying both properties. Buyer to verify with municipal regarding redevelopment possibility. Information deemed reliable but not guaranteed. Location description: Prime area in San Gabriel Valley of Los Angeles County. High demand rental area. Close to shopping, dining, entertainment, medical center, and much more. Population is still growing. Please do not disturb tenants. Interior inspection subject to offer acceptance. Any questions, please directly contact listing agent Alanna Wang, wang.alanna@gmail.com, cell 626.675.7492. http://www.loopnet.com/Profile/18256354980/Alanna-Wang/
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