Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
N/A
The Rockvale Apartment Community is an ideal opportunity for a multifamily investor to take advantage of purchasing an apartment asset in the dynamic growth market of the East San Gabriel Valley. The Rockvale Apartments is conveniently located within a short distance to retail, restaurants, gold line transit hub, major entertainment venues and the top employment centers. The ownership does not have a defined timeline to sell and therefore may be able to accommodate timing on a 1031 exchange into Rockvale. The property features a projected immediately attainable upside in rental income. This is also a value add opportunity as the owners have owned the property for almost 30 years and have maintained, but not fully upgraded the interiors. The Rockvale Apartments is the perfect multifamily investment opportunity with projected long-term market stability, positive rental growth, improving East San Gabriel Valley sub-market location, tax and long-term appreciation benefits
Features & Amenities
Interior
Area & Lot
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Parking
Attached Carport, Covered
Financial
-
Sales Price
$8,400,000
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Peter Hauser , Avison Young – Southern CA LTD
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