401 E Live Oak St - Apartments FOR SALE


San Gabriel, CA 91776
$9,980,000 USD
714-357-4148
401 E Live Oak St, San Gabriel, CA for Sale
$9,980,000 USD
Apartments - FOR SALE
1/6
null | 4.75% Cap Rate

401 E Live Oak St
San Gabriel, CA 91776


HIGHLIGHTS

  • Rare Investment Opportunity in San Gabriel/San Marino Adjacent.
  • Highly Desired Unit Mix with Upside in Rents.
  • Large On-Site Laundry Facility and Storage Supply Rooms.
  • Assumable Financing Available at 3.93% Principal and Interest through November 2026.
  • ADU Potential and Ability for Rub's Program Implementation.

OVERVIEW

Valiant Multi-Family Group is pleased to present the Live Oak Apartments, a 32-unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one-bedroom, 13 two-bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well-maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single-car covered parking space for each unit, and an on-site laundry facility along with additional supply rooms. This well-maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifamily asset in a supply constrained, high-demand San Gabriel/San Marino adjacent location. NEARLY ALL UNITS AVAILABLE FOR RENTAL INCREASES JUNE 1. The city of San Gabriel is NOT subject to any additional rent control outside of statewide rent control ab1482. Attractive in-place financing is available through Chase Bank at a fixed rate of 3.92% through November 2026, offering immediate cost savings for investors. The site also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns.

FOR SALE DETAILS

PRICE

$9,980,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

32

PRICE/UNIT

$311,875

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Live Oak

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

R3

APN/PARCEL ID

5367-015-014

ASK ABOUT THIS PROPERTY

Nick ValayatiValiant Multi-Family GroupMore Info
714-357-4148

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Nick ValayatiValiant Multi-Family GroupMore Info
714-357-4148

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