1232 S San Gabriel Blvd San Gabriel, CA 91776
San Gabriel-Rosemead NeighborhoodEstimated payment $49,574/month
Highlights
- 0.38 Acre Lot
- Emma W. Shuey Elementary School Rated A-
- Laundry Room
About This Home
36-Unit Multi-Family Apartment in San Gabriel walking distance to one of the busiest intersections (Valley Blvd and San Gabriel Blvd). The property features 32 studio apartments, two 1-bedroom/1-bath units, and two 2-bedroom/1-bath units. The majority of the property has been substantially renovated, with 90% of the units upgraded to include new flooring, bathrooms, kitchens, cabinets, and countertops. Tenants benefit from convenient on-site laundry facilities and parking located at the rear of the property, along with plenty of street parking. Significant capital improvements have been made in recent years, including a new roof completed in 2022, a replaced CCTV system in 2023, and the installation of two brand-new water heaters in 2024. Additionally, plumbing in the front of the building was replaced in 2024, and a new water pump was installed in 2020. The pool was emptied and filled in 2020, simplifying maintenance and liability. Convenient location with many restaurants, supermarkets, coffee/tea shops, and retail shops nearby.
Listing Agent
KW Executive Brokerage Phone: 626-888-2995 License #01928418 Listed on: 04/29/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 0.38 Acre Lot
- Two or More Common Walls
- Density is 36-40 Units/Acre
Home Design
- Apartment
Interior Spaces
- 12,441 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 004 / 32
- Tax Tract Number 7
- Assessor Parcel Number 5372004007
- $8,087 per year additional tax assessments
Community Details
Overview
- 36 Units
Building Details
- Rent Control
- 36 Separate Electric Meters
- 36 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $33,459
- Insurance Expense $13,479
- Trash Expense $13,335
- Water Sewer Expense $8,860
- Operating Expense $178,345
- Gross Income $587,232
- Net Operating Income $408,887
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $1,550 | 0.0% | -- |
| 04/29/2025 04/29/25 | For Sale | $7,600,000 | 0.0% | $611 / Sq Ft |
| 01/30/2025 01/30/25 | For Rent | $1,500 | 0.0% | -- |
| 04/04/2024 04/04/24 | Price Changed | $1,500 | -3.2% | -- |
| 12/27/2023 12/27/23 | For Rent | $1,550 | 0.0% | -- |
| 09/26/2019 09/26/19 | Sold | $5,450,000 | -2.3% | $438 / Sq Ft |
| 06/07/2019 06/07/19 | Price Changed | $5,580,000 | -6.2% | $449 / Sq Ft |
| 05/06/2019 05/06/19 | For Sale | $5,950,000 | +40.0% | $478 / Sq Ft |
| 06/16/2017 06/16/17 | Sold | $4,250,000 | +6.4% | $342 / Sq Ft |
| 06/08/2017 06/08/17 | Pending | -- | -- | -- |
| 06/01/2017 06/01/17 | For Sale | $3,995,000 | 0.0% | $321 / Sq Ft |
| 06/01/2017 06/01/17 | Price Changed | $3,995,000 | -27.4% | $321 / Sq Ft |
| 04/30/2017 04/30/17 | Pending | -- | -- | -- |
| 12/12/2016 12/12/16 | For Sale | $5,500,000 | -- | $442 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25093106
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