Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

A rare 6-unit apartment building in the heart of San Gabriel’s Mission District. Built in 1955, this all-2Bed/1Bath property offers six spacious units with strong rental demand and excellent long-term value. Located within walking distance to downtown, Las Tunas Drive, Main Street, popular restaurants, and shops. Features multiple ADU potential, six one-car garages, five open parking spaces, and ample street parking for residents. Each unit has its own water heater, with strong upside potential through rent adjustments and easy management, this property is perfect for investors seeking a turnkey multifamily asset in a prime location with significant growth opportunities. *All electrical sub panels have been updated.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $197,835 $19.45
Other Income - -
Vacancy Loss $2,062 $0.20
Effective Gross Income $195,773 $19.25
Taxes $34,988 $3.44
Operating Expenses $53,966 $5.31
Total Expenses $88,953 $8.75
Net Operating Income $106,820 $10.50

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $197,835
Annual Per SF $19.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $2,062
Annual Per SF $0.20
Effective Gross Income (CAD)
Annual $195,773
Annual Per SF $19.25
Taxes (CAD)
Annual $34,988
Annual Per SF $3.44
Operating Expenses (CAD)
Annual $53,966
Annual Per SF $5.31
Total Expenses (CAD)
Annual $88,953
Annual Per SF $8.75
Net Operating Income (CAD)
Annual $106,820
Annual Per SF $10.50

Property Facts

Price $2,798,970 CAD
Price Per Unit $466,495 CAD
Sale Type Investment
Cap Rate 3.75%
Gross Rent Multiplier 14
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.19 AC
Building Size 10,170 SF
Average Occupancy 100%
No. Stories 2
Year Built 1955
Parking Ratio 0.59/1,000 SF
Zoning SLR3YY

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $2,775 CAD 825 - 850
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5346-023-005
Land Assessment
$992,775 CAD
Improvements Assessment
$661,846 CAD
Total Assessment
$1,654,621 CAD
Annual Taxes
$34,988 CAD ($3.44 CAD/SF)
Tax Year
2025
  • Listing ID: 41218626

  • Date on Market: 2026-07-09

  • Last Updated:

  • Address: 862 W Carillo Dr, San Gabriel, CA 91776

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}