First time on the market in 24 years! Situated in the heart of San Gabriel’s Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambra’s Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.
Property Details
Price:
$5,300,000
MLS #:
PF25112907
Status:
Active
Baths:
0
Address:
346 San Marcos Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
654sangabriel
City:
San Gabriel
Listed Date:
May 23, 2025
State:
CA
ZIP:
91776
Lot Size:
14,080 sqft / 0.32 acres (approx)
Year Built:
1989
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
2.00
Lot Features
Irregular Lot
Parking Features
Carport
Parking Spots
19.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Trash Collection
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address346 San Marcos Street San Gabriel CA
- Area654 – San Gabriel
- CitySan Gabriel
- CountyLos Angeles
- Zip Code91776
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346 San Marcos Street
San Gabriel, CA
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