San Gabriel, CA 91776,1232 S San Gabriel BLVD
San Gabriel, CA 91776,1232 S San Gabriel BLVD
San Gabriel, CA 91776,1232 S San Gabriel BLVD
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$7,650,000
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0.38 Acres Lot
Active

1232 S San Gabriel BLVD San Gabriel, CA 91776

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UPDATED:

12/05/2024 03:27 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24203147

HOA Y/N No

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

Fireplace No

Laundry Common Area, Inside

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description 36-40 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5372004007

Energy Description 6550.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443

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1232 S San Gabriel BLVD