Contact Xavier Gomez
Schedule A Showing
1232 San Gabriel, San Gabriel, CA 91776
Priced at Only: $7,350,000
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Address: 1232 San Gabriel, San Gabriel, CA 91776
Property Location and Similar Properties
- MLS#: CV26060477 ( Apartment )
- Street Address: 1232 San Gabriel
- Viewed: 2
- Price: $7,350,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 1
- Additional Information
- County: LOS ANGELES
- City: San Gabriel
- Zipcode: 91776
- Provided by: CB RICHARD ELLIS
- Contact: Eric Eric

- DMCA Notice
-
DescriptionWe 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 Valleys 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 freeways. 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 propertys 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.
Features
Building Area Total
- 12441.00
Carport Spaces
- 0.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- Wall/Window Unit(s)
Country
- US
Electric Expense
- 9708.00
Fuel Expense
- 9707.00
Garage Spaces
- 0.00
Gardner Expense
- 3600.00
Heating
- Wall Furnace
Insurance Expense
- 15300.00
Laundry Features
- Common Area
Levels
- Two
Lot Features
- 36-40 Units/Acre
Netoperatingincome
- 429016.00
Newtaxesexpense
- 95551.00
Number Of Separate Electric Meters
- 36
Number Of Separate Gas Meters
- 36
Otherexpense
- 7200.00
Otherexpensedescription
- Reserves
Otherincome1
- 25730.00
Otherincome2
- 6000.00
Parcel Number
- 5372004007
Pest Control Expense
- 1800.00
Pool Features
- None
Professionalmanagementexpense
- 37887.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 458934639:CRM
Spa Features
- None
Taxblock
- 32
Totalactualrent
- 635472.00
Totalexpenses
- 218170.00
Trash Expense
- 9708.00
Uncovered Spaces
- 17.00
Vacancyallowance
- 20016
Water Sewer Expense
- 9707.00
Water Source
- Public
Year Built
- 1963
Year Built Source
- Assessor
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com





























































