Under Contract

401 E Live Oak Street

San Gabriel, CA 91776
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Bed 0

Bed

Bath 0

Bath

SqFt32,601

Sqft

SqFt50,624

Sqft(Lot)

Rare opportunity for a 32-unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one-bedroom, 13 two-bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well-maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single-car covered parking space for each unit, and an on-site laundry facility along with additional supply rooms. This well-maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifam ily asset in a supply constrained, high-demand San Gabriel/San Marino adjacent location. Attractive in-place financing is available at a fixed rate of 3.92% through November 2026, for immediate cost savings for investors. The property also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns. NEARLY ALL UNITS AVAILABLE FOR RENTAL INCREASES JUNE 1. The city of San Gabriel is NOT subject to any additional rent control outside of statewide rent control ab1482.

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Detail Ic Property Details

Property Type : Residential Income

Price : $9,980,000

AD Id : 67062132

MLS Id : OC25220267

Lot Size : 50,624 Sqft

Living Area Size : 32,601

Year Built : 1961

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1961 Building Area Total: 32,601
  • Pool Features

    Private

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.1622
  • Lot Size Source: Public Records Lot Size Square Feet: 50624

  • Listing Price Information

    Original List Price: 9,980,000 Listing Contract Date: 2025-09-10
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5367015014

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 654 - San Gabriel Directions: San Gabriel and Las Tunas Source Property Type: Residential Income Area: 654 - San Gabriel Property SubType: Apartment
  • Building and Construction

    Property Age: 65 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Live Oak Street Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5241 Rosemead Boulevard.., San Gabriel, CA, 91776 $799,000 4 3 1,786 1,786 SqFt
5241 Rosemead, San Gabriel, CA, 91776 $880,000 4 2 1,786 1,786 SqFt
847 E Mission Road #F, San Gabriel, CA, 91776 $569,000 2 2 1,033 1,033 SqFt
418 Broadway Avenue #B, San Gabriel, CA, 91776 $595,000 2 2 1,015 1,015 SqFt
1717 S San Gabriel Blvd, San Gabriel, CA, 91776 $759,000 2 1 984 984 SqFt
120 De Anza #311, San Gabriel, CA, 91776 $598,000 2 2 1,125 1,125 SqFt
228 De Anza, San Gabriel, CA, 91776 $499,000 2 1 931 931 SqFt
229 De Anza, San Gabriel, CA, 91776 $578,000 2 1 900 900 SqFt
2024 Brighton Street, San Gabriel, CA, 91776 $6,500,000 -- -- 21,378 21,378 SqFt

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ByOwner last updated this listing 06/06/2026 @ 18:49

MLS: OC25220267 LISTED BY: Liza Valayati, Valiant Multi-Family Group 714-608-2425 SOURCE: CRMLS

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