1232 S San Gabriel Blvd, San Gabriel, CA 91776

Download full marketing package

Property Details

Address
1232 S San Gabriel Blvd, San Gabriel, CA 91776
Price
$7,600,000
# of Units
36
Status
Available
Building Size
12,441 SF
Price/Unit
$211,111
CAP Rate
5.38%
Year Built
1963
GRM
12.94
Type
Apartment
Lot Size
16,545 SF
Price/SF
$611

Property Information

36-Unit Multi-Family Apartment in San Gabriel walking distance to one of the busiest intersections (Valley Blvd and San Gabriel Blvd). The property features 32 studio apartments, two 1-bedroom/1-bath units, and two 2-bedroom/1-bath units. The majority of the property has been substantially renovated, with 90% of the units upgraded to include new flooring, bathrooms, kitchens, cabinets, and countertops. Tenants benefit from convenient on-site laundry facilities and parking located at the rear of the property, along with plenty of street parking. Significant capital improvements have been made in recent years, including a new roof completed in 2022, a replaced CCTV system in 2023, and the installation of two brand-new water heaters in 2024. Additionally, plumbing in the front of the building was replaced in 2024, and a new water pump was installed in 2020. The pool was emptied and filled in 2020, simplifying maintenance and liability. Convenient location with many restaurants, supermarkets, coffee/tea shops, and retail shops nearby.

Map

$1.82 Billion in successful transactions. Send us a message today.

Send message