1232 S San Gabriel Boulevard, Property Listing: MLS® #CV24203147

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.

1232 S San Gabriel Boulevard, Property Listing: MLS® #CV24203147 Close
Page Summary
NEW
  • MLS® #: CV24203147
  • 1232 S San Gabriel Boulevard
  • , CA 91776
  • $7,650,000
  • 0.38 Acres
  • Office: Re/max 2000 Realty

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.

Supplemental Remarks

Essential Information

  • MLS® #CV24203147
  • Listing Price$7,650,000
  • Original Listing Price$7,650,000
  • Date ListedOctober 1st, 2024
  • Days on Market3
  • Bathrooms0.00
  • Acres0.38
  • Lot Sq.Ft.16,541
  • Year Built4200
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$673

Community Information

  • Address1232 S San Gabriel Boulevard
  • AreaSAN GABRIEL (91776)
  • CountyLos Angeles
  • StateCA
  • Zip Code91776

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on November 26th, 2024 at 2:09pm PST.