115-130 N San Marino Ave - Apartments FOR SALE


San Gabriel, CA 91775
$12,250,000 USD
858-221-9649
115-130 N San Marino Ave, San Gabriel, CA for Sale
$12,250,000 USD
Apartments - FOR SALE
1/17
null | 3.48% Cap Rate

115-130 N San Marino Ave
San Gabriel, CA 91775


OVERVIEW

Offered for the first time in over 50 years, 130 Junipero Serra Drive and 115 N San Marino Avenue present a rare opportunity to acquire a 47-unit multifamily community situated on two adjacent parcels totaling just over two acres in the heart of San Gabriel. The property is composed of six townhome-style buildings positioned across three hard corners, featuring an attractive mix of one- and two-bedroom units. Well-maintained by long-term ownership, the buildings have been well preserved while interiors and operations remain largely original—creating a clear and immediate opportunity to reposition the asset through renovations, rent adjustments, and operational efficiencies. With all tenants on month-to-month leases, investors benefit from day-one flexibility to implement upgrades and execute a new business plan. This is a staple value-add opportunity offering immediate scale in a submarket where properties of this size rarely come to market. Property Highlights 47 Units Across Six Townhome-Style Buildings Two Adjacent Parcels Totaling 90,895 SF (2.09 Acres) Attractive Unit Mix: (37) 2BD/1BA and (10) 1BD/1BA Current Monthly Income: $70,738 Average Rents: 2BD – $1,598 | 1BD – $1,176 Parking: (46) Carports & (35) Surface Spaces Value-Add / Development Opportunity Month-to-Month Tenancy Providing Immediate Flexibility BROKER NOTES: Please reach out to Young Kim with any questions or further interest.

FOR SALE DETAILS

PRICE

$12,250,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

47

PRICE/UNIT

$260,638

CAP RATE

3.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

32

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

SLR3YY

APN/PARCEL ID

5362-021-001,5362-021-002

ASK ABOUT THIS PROPERTY

Derek KaptanogluCompass Real EstateMore Info
858-221-9649

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Derek KaptanogluCompass Real EstateMore Info
858-221-9649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.