$7,150,000
-$200,0001232 S San Gabriel, San Gabriel CA 91776
Multi-Family (36 Units)
Property type
78 days
On market
$575
Price per sqft
0 cars
Garage
1963
Year built
16,541 sqft
Lot size
Open Houses
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...
Listing provided by: Eric Chen 909-418-2071, CB RICHARD ELLIS
Listing updated: Apr 9, 2026 at 06:19pm.
Last checked: Jun 4, 2026 at 10:31pm
Source: CRMLS #CV26060477
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 32 | 0 | 1 | — | $1,436 | $551,472 | $1,700 | Unfurnished |
| 2 | 1 | 1 | — | $1,600 | $38,400 | $1,800 | Unfurnished |
| 2 | 2 | 2 | — | $1,900 | $45,600 | $2,100 | Unfurnished |
# of Buildings: 2
# of Units Total: 36
Separate Electric Meters: 36
Separate Gas Meters: 36
Separate Water Meters: 1
Rent Control: No
Units Leased: 36
Total Actual Rent: $635,472
Financial Snapshot
Gross Rent Multiplier
10.7x
List Price / Annual Gross Rent
Cap Rate
5.84%
NOI / List Price
Gross Scheduled Income: $667,202
Vacancy Allowance: $20,016
Operating Expense: $215,850
Net Operating Income: $431,336
Annual Operating Expenses
Electric: $9,708
Gardener: $3,600
Fuel: $9,707
Insurance: $15,300
Maintenance: $18,000
New Taxes: $93,232
Pest Control: $1,800
Professional Management: $37,887
Trash: $9,708
Water / Sewer: $9,707
Other Expense: $7,200
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Thirty Six To Forty Units Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 17
Carport Spaces: 0
Parking Total: 17
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5372004007
Additional Parcels: No
Tax Lot: 0
Tax Block: 32
Community
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 1232 S San Gabriel, San Gabriel, CA 91776. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,720,000
Total Interest
$7,295,545
Total Payment
$13,015,545
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$43,752
per month
Property History for 1232 S San Gabriel
San Gabriel Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91776.
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