1232 S San Gabriel BLVD Active

San Gabriel,CA 91776

$ 7650000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24203147

Year Built 1963

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.

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning SLC3*

Interior

Laundry Common Area,Inside

Exterior

Pool None

Community Features Curbs,Gutter(s),Sidewalks

Building

Lot Description 36-40 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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