511 S Del Mar, San Gabriel, California 91776, San Gabriel, 91776 - bed, bath

511 S Del Mar, San Gabriel, California 91776 home-pic-0
ACTIVE$1,698,000
511 S Del Mar, San Gabriel, California 91776
0Bed
0Bath
3,206Sqft
4,727Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Mixed-Use Location: Strategically situated in San Gabriel's prime commercial corridor with high visibility, directly across from the library, and excellent walkability to essential services and amenities.
Top Cons:
Property Age: Built in 1923, the property's age may imply potential for older infrastructure, systems, or higher maintenance requirements compared to newer constructions.

Compared to the nearby listings

Price:$1.70M vs avg $1.19M (+$513,000)89%
Size:3,206 sqft vs avg 1,841 sqft89%
Price/sqft:$530 vs avg $56544%

More Insights

Built in 1923 (102 years old).
Condition: The property, built in 1923, is described as 'well-maintained' and features a recently remodeled residential unit (511 1/2) with modern finishes. The images for this unit show an excellent condition bathroom with contemporary vanity, tiling, and glass shower, and a good condition kitchen with updated dark cabinets and functional appliances. The living area also presents well with good flooring. While the overall structure is old and other units (commercial and residential 511C) may not be as updated, the significant recent renovation in one unit, combined with the property's overall 'well-maintained' status, indicates it is move-in ready and functional, aligning with a 'Good' condition score.
Year Built
1923
Close
-
List price
$1.7M
Original List price
$1.78M
Price/Sqft
$530
HOA
-
Days on market
-
Sold On
-
MLS number
WS25240223
Home ConditionGood
Features
Patio
View-

About this home

Location! Location! Location! 4 Units (511, 511 ½, 511C and 513) Located in the heart of San Gabriel’s prime commercial corridor directly across from the San Gabriel Library, this well-maintained mixed-use property offers a rare investment opportunity with excellent visibility, strong income stability, and long-term value growth potential. The property consists of four units in total—two street-facing retail storefronts (511 and 513) and two rear residential units (511C and 511 ½)—along with two detached garages. Both commercial units are east-facing with high exposure to pedestrian and vehicle traffic; Unit 513 is currently leased to a retail tenant specializing in anime merchandise, while Unit 511 is vacant and ready for a new tenant or owner-user, allowing flexible use for retail, office, or service business. The two residential units each feature one bedroom, one bathroom, and one detached garage, with Unit 511C offering a gated front yard and parking space, and Unit 511 ½ recently remodeled with modern finishes. Both residential units generate steady rental income of $1,850 per month each. The property’s layout provides clear separation between commercial and residential areas, ensuring privacy and functionality for all occupants. Strategically located within walking distance to restaurants, shops, and essential services, this property combines dependable cash flow, low maintenance, and strong appreciation potential—ideal for investors seeking a stable mixed-use asset or owner-users looking to capitalize on San Gabriel’s high-demand market. Showing by Appointment ONLY. Please do NOT disturb tenants.

Condition Rating
Good

The property, built in 1923, is described as 'well-maintained' and features a recently remodeled residential unit (511 1/2) with modern finishes. The images for this unit show an excellent condition bathroom with contemporary vanity, tiling, and glass shower, and a good condition kitchen with updated dark cabinets and functional appliances. The living area also presents well with good flooring. While the overall structure is old and other units (commercial and residential 511C) may not be as updated, the significant recent renovation in one unit, combined with the property's overall 'well-maintained' status, indicates it is move-in ready and functional, aligning with a 'Good' condition score.
Pros & Cons

Pros

Prime Mixed-Use Location: Strategically situated in San Gabriel's prime commercial corridor with high visibility, directly across from the library, and excellent walkability to essential services and amenities.
Diversified Income & Stability: Comprises four units (two retail, two residential) providing multiple revenue streams, contributing to strong income stability and dependable cash flow.
Significant Investment Potential: Offers a rare investment opportunity with strong income stability, long-term value growth, and appreciation potential in a high-demand market.
Commercial Unit Flexibility: One commercial storefront is vacant, providing immediate flexibility for an owner-user or the opportunity to select a new tenant (retail, office, service).
Well-Maintained & Functional Design: The property is explicitly described as well-maintained, featuring a functional layout that ensures privacy between commercial and residential areas, with one residential unit recently remodeled.

Cons

Property Age: Built in 1923, the property's age may imply potential for older infrastructure, systems, or higher maintenance requirements compared to newer constructions.
Recent Price Adjustment: A recent price reduction from $1.78M to $1.698M could indicate an initial overpricing or slower market interest, potentially affecting perceived value.
Commercial Vacancy: While offering flexibility, the vacant commercial unit represents an immediate income gap that requires active tenant acquisition or owner-user commitment to maximize revenue.

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