Active

1232 S San Gabriel

San Gabriel, CA 91776
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Bed 0

Bed

Bath 0

Bath

SqFt12,441

Sqft

SqFt16,541

Sqft(Lot)

We are pleased to present the exclusive opportunity to acquire the Emerald Apartments, a premier 36-unit multifamily investment located in the high-demand core of San Gabriel, California. Offering the lowest price per unit on the market, this well-maintained asset at 1232 S. San Gabriel Boulevard provides investors a rare combination of immediate stability and long-term appreciation. It is perfectly positioned within one of the San Gabriel Valley’s most historic and supply-constrained submarkets. Known as the "Birthplace of the Los Angeles Region," San Gabriel blends cultural heritage with modern suburban convenience. Residents of the Emerald Apartments benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10, I-210, SR-60, I-605, and I-710 freeway s. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across Los Angeles, Orange, Riverside, and San Bernardino Counties. The Emerald Apartments is defined by classic architecture and a professional blend of lush, mature greenery and sustainable, drought-resistant landscaping. Residents benefit from a comprehensive amenity package that includes controlled gated entry, a central courtyard, and a convenient on-site laundry facility, all complemented by a plethora of surface parking. The modernized interiors feature functional, open layouts designed for contemporary living, highlighted by gourmet kitchens with updated countertops, cabinetry, drawer fronts, and full-size appliances including modern oven ranges, refrigerators, and pantries. These high-end finishes are further enhanced by durable vinyl wood plank flooring, updated lighting and plumbing fixtures, ceiling fans, and vertical blinds. Each residence ensures year-round comfort with dedicated wall-mounted A/C and heating units within a strictly smoke-free community. This stable, well-maintained asset provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a premier submarket. The property’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for scale, a seasoned institutional investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset, this offering provides long-term stability and an exceptional foothold in the thriving San Gabriel Valley economy.

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Detail Ic Property Details

Property Type : Residential Income

Price : $7,150,000

AD Id : 76268168

MLS Id : CV26060477

Lot Size : 16,541 Sqft

Living Area Size : 12,441

Year Built : 1963

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • 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: 0.3797
  • Lot Size Source: Assessor Lot Size Square Feet: 16541

  • Listing Price Information

    Original List Price: 7,150,000 Listing Contract Date: 2026-03-19
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5372004007

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 654 - San Gabriel Directions: Merge onto I-10 W, Take exit 25B for San Gabriel Blvd, Turn right onto San Gabriel Blvd Source Property Type: Residential Income Area: 654 - San Gabriel Property SubType: Apartment
  • Building and Construction

    Property Age: 63 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 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
5313 Acacia Street, San Gabriel, CA, 91776 $1,200,000 3 1 1,304 1,304 SqFt
5559 N Burton Avenue, San Gabriel, CA, 91776 $1,349,999 4 3 2,094 2,094 SqFt
353 S Willard, San Gabriel, CA, 91776 $849,000 2 1 924 924 SqFt
5582 N Charlotte Avenue, San Gabriel, CA, 91776 $1,288,000 5 2 2,048 2,048 SqFt
5558 N Charlotte Avenue, San Gabriel, CA, 91776 $1,818,000 5 3 2,977 2,977 SqFt
5613 N Charlotte Avenue, San Gabriel, CA, 91776 $1,799,900 4 3 2,846 2,846 SqFt
8319 Frandsen, San Gabriel, CA, 91776 $1,100,000 2 1 858 858 SqFt
315 S Pine, San Gabriel, CA, 91776 $2,100,000 -- -- 5,346 5,346 SqFt
1024 S Pine Street, San Gabriel, CA, 91776 $1,000,000 3 2 1,344 1,344 SqFt
524 E Mission Rd, San Gabriel, CA, 91776 $925,000 2 1 2,369 2,369 SqFt

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ByOwner last updated this listing 06/09/2026 @ 23:19

MLS: CV26060477 LISTED BY: Eric Chen, CB RICHARD ELLIS 909-418-2000 SOURCE: CRMLS

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