1232 South San Gabriel Blvd San Gabriel, CA 91776
36-unit multifamily investment in high-demand San Gabriel, California.
Property size:
12,441 SFProperty Features for 1232 South San Gabriel Blvd
General Information
- Standard status
- Active
- Size
- 12,441 SF
Source:
Cbre
Listing Agency: CB RICHARD ELLIS Listing Agent: Eric Chen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Emerald Apartments: San Gabriel Multifamily
The Emerald Apartments, located in San Gabriel, California, features 36 units and offers investors immediate stability and long-term appreciation. The property is positioned within a supply-constrained submarket and provides access to the I-10, I-210, SR-60, I-605, and I-710 freeways, connecting residents to employment centers across Los Angeles, Orange, Riverside, and San Bernardino Counties. The property is located near the Mission District, the San Gabriel Mission, and the San Gabriel Mission Playhouse, as well as retail destinations including Rosemead Plaza, Camellia Square, and The Shops at Santa Anita. The property features classic architecture, landscaping, controlled gated entry, a central courtyard, on-site laundry facilities, and surface parking. The modernized interiors include kitchens with updated countertops, cabinetry, drawer fronts, appliances including oven ranges, refrigerators, and pantries, vinyl wood plank flooring, updated lighting and plumbing fixtures, ceiling fans, and vertical blinds. Each residence has wall-mounted A/C and heating units. The unit mix includes 32 studios, 2 one-bedroom/one-bath units, and 2 two-bedroom/two-bath units. The property is located in the San Gabriel Valley, which is recognized as a repeat finalist for the "Most Business-Friendly City" in LA County. The San Gabriel Valley Economic Partnership highlights that the region is powered by a $20+ billion economy, with top sectors in healthcare, education, and international trade.
Location Intelligence
Current Use by Public Records
Emerald Apartments
Apartment Building
Fad Hats
Hat Shop
Location Insight
- Map
- Local Demand
- City
- San Gabriel
- County
- Los Angeles
- State
- California
- Longitude
- -118.0903427
- Latitude
- 34.084909
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 36-unit multifamily investment in high-demand San Gabriel, California.
Where is this apartment building located?
The property is located at 1232 South San Gabriel Blvd San Gabriel, CA.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: - Lowest price per unit on the market, offering significant value.; - Immediate 17% rental upside to market levels, providing a high-yielding income stream.; - Strategic location in the core of San Gabriel Valley, with easy access to major freeways.
