Active
1232 S San Gabriel Boulevard
San Gabriel CA, 91776
$7,650,000
$614.90 per sqft
Active
12,441 sqft
Condos
Built in 1963
Listed by Kristopher German with RE/MAX 2000 REALTY 909-645-0443
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.
CV24203147
MLSⓇ ID
October 2, 2024
Listed
December 5, 2024
Updated
Map
1232 S San Gabriel Boulevard
San Gabriel CA, 91776
Interior Features
Total Stories
2
Laundry Description
Common Area, Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.38 Acres
Lot Features
36-40 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
654 - San Gabriel
Days on Market
63
Garage
No
Parking Total
15
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
SLC3*
Listing Contact: 626-956-0188
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 5:44 AM UTC