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130 Junipero Serra Dr San Gabriel, CA 91776

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For Sale
$12,250,000

47-unit multifamily property on two acres in San Gabriel.

Lot size:
2.09 Acres

Property Features for 130 Junipero Serra Dr

General Information

Lot size
2.09 Acres

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Listing Contact
Derek Kaptanoglu
Source: Elliman

Listing Agent: Derek Kaptanoglu

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

San Gabriel Multifamily Value-Add Opportunity

This 47-unit multifamily property, located at 130 Junipero Serra Drive and 115 N San Marino Avenue in San Gabriel, presents a value-add opportunity. Situated on two adjacent parcels totaling just over two acres, the property features six townhome-style buildings across three hard corners. The unit mix includes 37 two-bedroom units and 10 one-bedroom units. The total area of the buildings is 90,895 square feet. The property has been well-kept by long-term ownership. Immediate upside is available through renovations, rent increases, and improved operations. All tenants are month-to-month, providing flexibility. There are 46 carport spaces and 35 surface parking spaces. The current income is $70,738 per month, with average rents of $1,598 for two-bedroom units and $1,176 for one-bedroom units.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
San Gabriel
County
Los Angeles
State
California
Longitude
-118.1024767
Latitude
34.1014225

FAQs

What type of property is this?
Apartment building - 47-unit multifamily property on two acres in San Gabriel.
Where is this apartment building located?
The property is located at 130 Junipero Serra Dr San Gabriel, CA.
What is the asking price?
The asking price for this property is $12,250,000.
What are key features of this property?
This property features: - Rare Opportunity: First time on the market in over 50 years for a 47-unit multifamily property.; - Value-Add Potential: Immediate upside through renovations, rent increases, and improved operations.; - Prime Location: Located in the heart of San Gabriel on two adjacent parcels totaling just over two acres.
More about this property
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