We are pleased to present the exclusive opportunity to acquire the Emerald Apartments, a premier 36-unit multifamily investment located in the high-demand core of San Gabriel, California. Offering the lowest price per unit on the market, this well-maintained asset at 1232 S. San Gabriel Boulevard provides investors a rare combination of immediate stability and long-term appreciation. It is perfectly positioned within one of the San Gabriel Valley’s most historic and supply-constrained submarkets. Known as the “Birthplace of the Los Angeles Region,” San Gabriel blends cultural heritage with modern suburban convenience. Residents of the Emerald Apartments benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10, I-210, SR-60, I-605, and I-710 freeways. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across Los Angeles, Orange, Riverside, and San Bernardino Counties. The Emerald Apartments is defined by classic architecture and a professional blend of lush, mature greenery and sustainable, drought-resistant landscaping. Residents benefit from a comprehensive amenity package that includes controlled gated entry, a central courtyard, and a convenient on-site laundry facility, all complemented by a plethora of surface parking. The modernized interiors feature functional, open layouts designed for contemporary living, highlighted by gourmet kitchens with updated countertops, cabinetry, drawer fronts, and full-size appliances including modern oven ranges, refrigerators, and pantries. These high-end finishes are further enhanced by durable vinyl wood plank flooring, updated lighting and plumbing fixtures, ceiling fans, and vertical blinds. Each residence ensures year-round comfort with dedicated wall-mounted A/C and heating units within a strictly smoke-free community. This stable, well-maintained asset provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a premier submarket. The property’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for scale, a seasoned institutional investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset, this offering provides long-term stability and an exceptional foothold in the thriving San Gabriel Valley economy.
Property Details
Price:
$7,350,000
MLS #:
CV26060477
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
654sangabriel
Listed Date:
Mar 19, 2026
Total Sq Ft:
12,441
Lot Size:
16,541 sqft / 0.38 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Cooling
WW
Heating
WL
Laundry Features
AR
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, CRB
Parking Spots
17
Parking Total
17
Spa Features
NO
Financial
Maintenance Fee
$18,000
Map
Community
- Address1232 S San Gabriel San Gabriel CA
- CitySan Gabriel
- CountyLos Angeles
- Zip Code91776
Market Summary
Current real estate data for Single Family in San Gabriel as of Apr 06, 2026
88
Single Family Listed
78
Avg DOM
482
Avg $ / SqFt
$1,271,413
Avg List Price
Property Summary
- 1232 S San Gabriel San Gabriel CA is a Single Family for sale in San Gabriel, CA, 91776. It is listed for $7,350,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1963. The average price per square foot for Single Family listings in San Gabriel is $482. The average listing price for Single Family in San Gabriel is $1,271,413.
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