1232 S San Gabriel, San Gabriel, CA — listing photo 1
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FOR SALE

1232 S San Gabriel

San Gabriel, CA 91776
16,541 Lot Sq Ft
Built 1963
$7,150,000
Price ReducedWas $7,350,000 — $7,150,000 (-$200,000)

Property Overview

We are pleased to present the exclusive opportunity to acquire the Emerald Apartments, a premier 36-unit multifamily investment located in the high-demand core of San Gabriel, California. Offering the lowest price per unit on the market, this well-maintained asset at 1232 S. San Gabriel Boulevard provides investors a rare combination of immediate stability and long-term appreciation. It is perfectly positioned within one of the San Gabriel Valley’s most historic and supply-constrained submarkets. Known as the "Birthplace of the Los Angeles Region," San Gabriel blends cultural heritage with modern suburban convenience. Residents of the Emerald Apartments benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10, I-210, SR-60, I-605, and I-710 freeways. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across Los Angeles, Orange, Riverside, and San Bernardino Counties. The Emerald Apartments is defined by classic architecture and a professional blend of lush, mature greenery and sustainable, drought-resistant landscaping. Residents benefit from a comprehensive amenity package that includes controlled gated entry, a central courtyard, and a convenient on-site laundry facility, all complemented by a plethora of surface parking. The modernized interiors feature functional, open layouts designed for contemporary living, highlighted by gourmet kitchens with updated countertops, cabinetry, drawer fronts, and full-size appliances including modern oven ranges, refrigerators, and pantries. These high-end finishes are further enhanced by durable vinyl wood plank flooring, updated lighting and plumbing fixtures, ceiling fans, and vertical blinds. Each residence ensures year-round comfort with dedicated wall-mounted A/C and heating units within a strictly smoke-free community. This stable, well-maintained asset provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a premier submarket. The property’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for scale, a seasoned institutional investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset, this offering provides long-term stability and an exceptional foothold in the thriving San Gabriel Valley economy.

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Home Details

Property type
Residential Income - Apartment
Year built
1963
Lot size
16,541 sq ft
Parking
17 spaces
Stories
2
Days on market
90
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Thirty Six To Forty Units Acre

Community, Schools & Utilities

Utilities

Heating
WallFurnace
Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1232 S San Gabriel

San Gabriel, CA 91776

Frequently Asked Questions About 1232 S San Gabriel

Property type: Residential Income

The current asking price is $7,150,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1232 S San Gabriel. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1963. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Gabriel, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Gabriel property.
The MLS currently reports the property as Active. It has been listed for 90 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Eric Chen
MLS ID: C32772

Available property

$7,150,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.