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1349 Elm Avenue

San Gabriel, CA 91775
  • $6,900,000
  • STATUS: Active
  • ON SITE: 123 Days
  • ID#: PF25253031
UPDATED: 82 min ago
$6,900,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

Listing Agent(s): Elizabeth Kho of Joy Realty Group Inc. ((626) 487-2222) and Monica Young of Joy Realty Group Inc.((626) 487-2222)


Description

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 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T15:30:11.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/169545730
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1349 Elm Avenue San Gabriel, CA 91775

  • Price: $6,900,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 82 min ago
  • ID#: PF25253031
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1988
Built
Neighborhood:
654 - San Gabriel
County:
Los Angeles
Area:
654 - San Gabriel
Property Description
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 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.
Exterior Features

Carport Spaces 28 Carport YN Yes Entry Level 2 Entry Location 2nd story w/ steps Lot Features Near Public Transit Number Of Separate Electric Meters 14 Parking Features Attached CarportCovered Parking Total 28 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Garage YN No Gross Income 422897 Gross Scheduled Income 422897 Insurance Expense 6022 Land Lease YN No Laundry Features Common Area Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 251320 New Construction YN No Number Of Separate Gas Meters 14 Number Of Separate Water Meters 2 Number Of Units Leased 12 Operating Expense 171577 Other Expense 145862 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 29741 Trash Expense 7423 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 12270 Water Source Public Zoning SLR3YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T15:30:11.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Elizabeth Kho of Joy Realty Group Inc. ((626) 487-2222) and Monica Young of Joy Realty Group Inc.((626) 487-2222)