1232 San Gabriel, San Gabriel CA 91776 | $7,600,000

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.

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