1232 S San Gabriel Boulevard
San Gabriel, CA, 91776
$7,650,000
Beds
0 Baths
SqFt
0.38 Acres
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We are excited to present a unique investment opportunity ideally situated in the heart of San Gabriel. This property is perfectly located within a short walk of the heavily trafficked intersection of Valley Blvd and San Gabriel Blvd, one of the busiest hubs in Southern California. The asset comprises 32 studio apartments, 2 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units.

Tenants benefit from convenient access to a plethora of nearby retail shops and transportation options. Additional on-site amenities include laundry facilities and parking.

Significant capital improvements have been made under the current ownership, with nearly 65% of the units being extensively remodeled. Additional recent upgrades include modernized electrical panels, new roof, and fresh paint, ensuring the property maintains its appeal and minimizes future maintenance needs.

Offered at $212,500 per unit, this property represents an exceptional chance to invest in a highly desirable market at a competitive price.

Property Details

Price:
$7,650,000
MLS #:
CV24203147
Status:
Active
Baths:
0
Address:
1232 S San Gabriel Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
654sangabriel
City:
San Gabriel
Listed Date:
Oct 1, 2024
State:
CA
ZIP:
91776
Lot Size:
16,541 sqft / 0.38 acres (approx)
Year Built:
1963
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Garage Spaces
0.00
Lot Features
36-40 Units/ Acre, Lot 10000-19999 Sqft
Parking Spots
15.00
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None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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