311 S San Marino Ave

Description

Rare investment opportunity 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. One unit is currently leased for $2,000 per month. 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; 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. The property is currently producing a total monthly rental income of approximately $7,100, making it an excellent opportunity for investors or owner-users seeking stable income with upside potential. 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 Details