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San Gabriel, CA 91776 1232 S San Gabriel Boulevard

$7,999,999

1232 S San Gabriel Boulevard San Gabriel, Ca - Image 11232 S San Gabriel Boulevard San Gabriel, Ca - Image 21232 S San Gabriel Boulevard San Gabriel, Ca - Image 3
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1232 S San Gabriel Boulevard San Gabriel, Ca - Image 41232 S San Gabriel Boulevard San Gabriel, Ca - Image 5
Presented By: ALEX LAI with Longo Realty, Inc.; 626-628-4463
  • MLS# WS24049147
  • 03/11/2024
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  • BedBeds • 6
  • BathBaths • 36
  • FootageSQFT • 12,441

Home Details

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%
Presented By: ALEX LAI with Longo Realty, Inc.; 626-628-4463

Interior Features for 1232 S San Gabriel Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 1232 S San Gabriel Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySan Gabriel
Community FeaturesSuburban, Sidewalks
ContingencySeller subject to 1031 exchange.
CountyLos Angeles
Days on Market
DirectionsSan Gabriel and Wells
Electric Expense0.0
Entry LocationFront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet16545.0
MLS Area654 - San Gabriel
MobileHomeRemainsYNNo
Net Operating Income383952.0
New ConstructionNo
Operating Expense199463.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameSan Gabriel
Tax Lot0
Total Units36
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1963
Year Built SourcePublicRecords
ZoningSLC3*

Exterior for 1232 S San Gabriel Boulevard

Building Area Total12441.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.3798
Lot Size Area16545.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $7,999,999
MLS#WS24049147
List Date 03/11/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors