1349-1351 Elm Ave - Apartments FOR SALE


San Gabriel, CA 91775
$8,100,000 USD
626-286-5222
1349-1351 Elm Ave, San Gabriel, CA for Sale
$8,100,000 USD
Apartments - FOR SALE
1/5
null | 3.67% Cap Rate

1349-1351 Elm Ave
San Gabriel, CA 91775


HIGHLIGHTS

  • Conveniently located near the high-traffic intersection of Rosemead Blvd and Las Tunas —at the prime Temple City corner
  • Each unit features central A/C and heating, individual water heaters, separate gas and electric meters, two dedicated covered parking spaces
  • Access to an on-site laundry facility

OVERVIEW

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 (2BR + den) 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.

FOR SALE DETAILS

PRICE

$8,100,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

14

PRICE/UNIT

$578,571

CAP RATE

3.67%

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,367 SF

ZONING

SLR3YY

APN/PARCEL ID

5387-007-002

ASK ABOUT THIS PROPERTY

Elizabeth KhoJoy Realty Group IncMore Info
626-286-5222

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Elizabeth KhoJoy Realty Group IncMore Info
626-286-5222

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