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511 S Del Mar, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 4 bath

511 S Del Mar, San Gabriel, California 91776 home-pic-0
ACTIVE$1,698,000
511 S Del Mar, San Gabriel, California 91776
2Beds
4Baths
3,206Sqft
4,727Lot
Year Built
1923
Close
-
List price
$1.7M
Original List price
$1.78M
Price/Sqft
$530
HOA
-
Days on market
-
Sold On
-
MLS number
WS25247522
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(89th), sqft - 3206(89th), beds - 2(67th), baths - 4(78th).

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.

Price History

Date
Event
Price
11/18/25
Price Change
$1,698,000-4.6%
10/25/25
Listing
$1,780,000
Condition Rating
Fair
Built in 1923, this property is very old, but the description notes it is 'well-maintained' and one residential unit (511 1/2) was 'recently remodeled with modern finishes.' The bathroom in this unit (Image 6) indeed showcases modern updates with a new vanity, contemporary fixtures, and stylish tile work. However, the kitchen (Image 8), presumably from the same 'remodeled' unit, appears basic, lacks full-size appliances, and has an exposed electrical panel, which contradicts the 'modern finishes' claim for the entire unit. Other interior elements, such as the old light fixture (Image 4) and window AC unit (Image 7), indicate that updates are inconsistent or partial. While functional and generating income, the property's age and the mixed condition of its interior spaces, particularly the kitchen, prevent it from achieving a 'Good' rating. It requires further updates beyond the cosmetic to truly align with modern standards throughout.
Pros & Cons

Pros

Prime Mixed-Use Location: Strategically located in the heart of San Gabriel's prime commercial corridor, directly across from the San Gabriel Library, offering excellent visibility and high exposure to pedestrian and vehicle traffic. It's also within walking distance to essential services, shops, and restaurants.
Diverse Income Streams & Stability: The property comprises four units (two retail, two residential), providing diversified income streams. Both residential units generate steady rental income of $1,850/month each, contributing to strong income stability and dependable cash flow.
Value-Add Potential & Flexibility: One commercial unit (511) is currently vacant, offering immediate flexibility for an owner-user or the opportunity to secure a new tenant, allowing for optimized income and flexible use (retail, office, or service business).
Well-Maintained & Functional Layout: The property is described as well-maintained, with one residential unit (511 ½) recently remodeled with modern finishes. The layout ensures clear separation between commercial and residential areas, enhancing privacy and functionality for all occupants.
Long-Term Investment & Appreciation: This is a rare investment opportunity with strong long-term value growth potential and appreciation, ideal for investors seeking a stable mixed-use asset in a high-demand market.

Cons

Age of Property: Built in 1923, the property's age may imply potential for older infrastructure (e.g., plumbing, electrical, roofing) that could require significant capital expenditures or ongoing maintenance in the future, despite being described as well-maintained.
Current Commercial Vacancy: One of the two commercial units (511) is currently vacant, representing a temporary income gap and requiring the new owner to actively market and secure a tenant, which involves time and potential costs.
Limited Residential Unit Configuration: Both residential units are configured as 1-bedroom, 1-bathroom. While generating steady income, this smaller configuration might limit the pool of potential tenants or the maximum achievable rental income compared to properties with larger residential units.

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