1232 S San Gabriel Blvd - Apartments FOR SALE


San Gabriel, CA 91776
$7,650,000 USD
626-427-0786
1232 S San Gabriel Blvd, San Gabriel, CA for Sale
$7,650,000 USD
Apartments - FOR SALE
1/11
null | 4.69% Cap Rate

1232 S San Gabriel Blvd
San Gabriel, CA 91776


HIGHLIGHTS

  • UNBEATABLE LOCATION IN THE HEART OF THE SAN GABRIEL VALLEY!
  • $212,500 Per Unit! | 12.5 GRM
  • (32) Studios, (2) 1-Bed/1-Bath Units & (2) 2-Bed/1-Bath Units
  • One Block from San Gabriel Boulevard and Valley Boulevard Intersection
  • Tenant Amenities Include Laundry Room and On-Site Parking
  • Significant Capital Improvements: 64% of Units Substantially Remodeled, Upgraded Electrical Panels, Newer Exterior Paint, Roof & Walkways

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$7,650,000 USD

PRICE/SF

$615 USD /SF

# OF UNITS

36

PRICE/UNIT

$212,500

CAP RATE

4.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$212k Per Unit in San Gabriel!!!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,541 SF

ZONING

SLC3*

APN/PARCEL ID

5372-004-007

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.