1232 S San Gabriel Boulevard Active

San Gabriel,CA 91776

$ 7650000

- Bed

- Bath

12441 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 12,441 sqft

Price per Sqft $614

MLS Listing ID CRCV24203147

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

Interior

Laundry Community Facility,Inside

Building

Water Public

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