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Listed by Elizabeth Kho • Unknown Agency
$ 8,100,000
Est. payment /mo
Active
1349 Elm Avenue San Gabriel, CA 91775
15,384 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 15,384 sqft
Price per Sqft $526
MLS Listing ID PF-25094581
Year Built 1988
Lot Size 0.422 Acres
Property Sub-Type Commercial/Residential
Property Description
Discover a rare opportunity to acquire a pride-of-ownership 14-unit apartment building in the highly desirable city of San Gabriel! On the market for the first time in 26 years, this gated and well-maintained property offers approximately 15,384 SF of rentable space on an 18,362 SF R3-zoned lot with 80 ft of street frontage. The unit mix includes spacious 3BR/2BA and 2BR/2BA floor plans, complemented by manicured front and back yards. Each unit features central A/C and heating, individual water heaters, separate gas and electric meters, two dedicated covered parking spaces, and access to an on-site laundry facility. Conveniently located near the high-traffic intersection of Rosemead Blvd and Las Tunas --at the prime Temple City corner--the property is surrounded by retail destinations including Camellia Square, GW Supermarket, Chuze Fitness, Elm Shopping Center and newly built luxury apartment developments. Most units are currently occupied, generating immediate income with strong rent upside potential. Whether you're expanding your portfolio or seeking a long-term investment in a growth market, this San Gabriel multifamily opportunity delivers both performance and potential.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning SLR3YY
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Community
Exterior
Parking Features Attached Carport, Covered
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description Near Public Transit
Sewer Public Sewer