San Gabriel, CA 91776,1232 S San Gabriel Boulevard
San Gabriel, CA 91776,1232 S San Gabriel Boulevard
San Gabriel, CA 91776,1232 S San Gabriel Boulevard
San Gabriel, CA 91776,1232 S San Gabriel Boulevard
San Gabriel, CA 91776,1232 S San Gabriel Boulevard
San Gabriel, CA 91776,1232 S San Gabriel Boulevard
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$ 7,650,000
Est. payment | /mo

3 Beds

3 Baths

0.38 Acres Lot


Save
$ 7,650,000
Est. payment | /mo
Save

3 Beds

3 Baths

0.38 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24203147

Bedrooms 3

HOA Y/N No

Lot Size 0.380 Acres

Property Description

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.
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.

Location

State CA

County Los Angeles

Area San Gabriel (91776)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $673

Acceptable Financing Cash

Space Rent $1,935

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY
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2214 Faraday Ave, Carlsbad, Ca, 92008

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1232 S San Gabriel Boulevard