401 E Live Oak St - Apartments FOR SALE


San Gabriel, CA 91776
$10,700,000 USD
714-357-4148
401 E Live Oak St, San Gabriel, CA for Sale
$10,700,000 USD
Apartments - FOR SALE
1/6
null | 4.22% 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. 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

$10,700,000 USD

PRICE/SF

$218 USD /SF

# OF UNITS

32

PRICE/UNIT

$334,375

CAP RATE

4.22%

% 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, San Gabriel

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.