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$ 7,150,000
Est. payment /mo
Price Dropped by $200K
1232 S San Gabriel San Gabriel, CA 91776
3 Beds
4 Baths
0.38 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26060477
Bedrooms 3
Lot Size 0.380 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present the exclusive opportunity to acquire the Emerald Apartments, a premier 36-unit multifamily investment located in the high-demand core of San Gabriel, California. Offering the lowest price per unit on the market, this well-maintained asset at 1232 S. San Gabriel Boulevard provides investors a rare combination of immediate stability and long-term appreciation. It is perfectly positioned within one of the San Gabriel Valleys most historic and supply-constrained submarkets. Known as the "Birthplace of the Los Angeles Region," San Gabriel blends cultural heritage with modern suburban convenience. Residents of the Emerald Apartments benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10, I-210, SR-60, I-605, and I-710 freeways. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across Los Angeles, Orange, Riverside, and San Bernardino Counties. The Emerald Apartments is defined by classic architecture and a professional blend of lush, mature greenery and sustainable, drought-resistant landscaping. Residents benefit from a comprehensive amenity package that includes controlled gated entry, a central courtyard, and a convenient on-site laundry facility, all complemented by a plethora of surface parking. The modernized interiors feature functional, open layouts designed for contemporary living, highlighted by gourmet kitchens with updated countertops, cabinetry, drawer fronts, and full-size appliances including modern oven ranges, refrigerators, and pantri
Location
State CA
County Los Angeles
Zoning Assessor
Direction Merge onto I-10 W, Take exit 25B for San Gabriel Blvd, Turn right onto San Gabriel Blvd
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5372004007
Acceptable Financing Cash
Listing Terms Cash
Listed by Eric Chen • CB RICHARD ELLIS