• 1232 S San Gabriel Boulevard San Gabriel, CA 91776

  • $7,999,999
  • 0
    Bed(s)
  • 0
    Baths
  • 12,441
    Sq Ft
  • 16545
    Sqft
  • Listed By: ALEX LAI, Longo Realty, Inc., DRE #01961835
  • Source: CRMLS

Emerald Beach Apartments 97% Occupied-Stabilized, Near Pacific Plaza San Gabriel newest mixed use development. This property is a gem as all 36 units are in a single building (unit mix consists of 32 - studios, 2 - 1 bedroom and 2 - 2 bedroom). The property boasts a very prime location on San Gabriel Boulevard, within distance to Valley Blvd Corridor and Las Tunas. Current CAP Rate of 5.05% with Proforma of 6.49%

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1963

Building Area Total: 12,441

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.3798

Lot Size Source: Assessor

Lot Size Square Feet: 16545

Listing Price Information

Original List Price: 7,999,999

Listing Contract Date: 2024-03-11

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5372004007

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 654 - San Gabriel

Postal Code Plus 4: 3127

Directions: San Gabriel and Wells

Zoning: SLC3*

Source Property Type: Residential Income

Area: 654 - San Gabriel

Property SubType: Apartment

Building and Construction

Property Age: 61

Common Walls: 1 Common Wall

Structure Type: Apartment

Year Built Source: Public Records

Entry Level: 1

Entry Location: Front

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
328 E Live Oak Street #5, San Gabriel, CA,91776 $958,000 3 2 1,702 25377 Sqft
5563 N Burton Avenue, San Gabriel, CA,91776 $1,299,000 4 3 2,108 3127.8 Sqft
857 Carillo Drive, San Gabriel, CA,91776 $1,200,000 2 2 1,732 6471 Sqft
857 Carillo Drive, San Gabriel, CA,91776 $1,200,000 2 2 1,732 6471 Sqft
409 E Grand Avenue, San Gabriel, CA,91776 $2,373,100 6 5 3,500 8451 Sqft
917 S Ramona Street, San Gabriel, CA,91776 $1,850,000 4 4 2,715 7500 Sqft
5323 N Delta Street, San Gabriel, CA,91776 $949,000 2 1 922 7544 Sqft
5558 N Charlotte Avenue, San Gabriel, CA,91776 $1,698,800 5 3 2,977 7375 Sqft
1420 Palm Avenue #E, San Gabriel, CA,91776 $856,000 3 2 1,622 33311 Sqft
1221 S Ramona Street, San Gabriel, CA,91776 $799,000 2 1 936 23699 Sqft

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ByOwner last updated this listing 04/28/2024 @ 08:14

MLS: WS24049147
LISTED BY: ALEX LAI, Longo Realty, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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