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** PRICE REDUCED ** $299k/Unit & $296/SF. We are pleased to present for sale a rare San Gabriel offering - First Time on the Market in 40 Years. Nestled in one of San Gabriel's most desirable residential pockets, this 5-unit apartment community is being offered for sale for the first time in four decades. Built in 1977, the property stands out from the area's older rental stock, offering newer construction, thoughtful layouts, and a level of comfort that today's renters continue to seek. Its well-balanced unit mix including a spacious three-bedroom/two-bath residence, three two-bedroom/one-bath units, and a one-bedroom/one-bath apartment caters to a broad renter demographic and supports long-term occupancy. Boasting an impressive 87 Walk Score, the property sits within easy reach of the vibrant shops, cafs, and restaurants along Las Tunas Drive and San Gabriel Boulevard. Residents enjoy the convenience of central air conditioning and heating in every unit, a notable amenity in the San Gabriel Valley market. With an estimated 40% rental upside, the building offers clear potential for value-add improvements and future income growth. Situated in a charming neighborhood bordering San Marino, the asset benefits from a strong sense of community, excellent local schools, and enduring housing demand. And with no local rent control only statewide AB 1482 regulation investors have the flexibility to implement strategic upgrades and reposition the property over time. This long-held property represents an exceptional opportunity to acquire a well-located, multifamily asset with meaningful upside in one of the San Gabriel Valley's most sought-after neighborhoods. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Montebello, Silver Lake, and Alhambra. Properties can be sold together as a portfolio or individually. DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING"‹"‹"Œ"‹"‹"‹"‹"Œ"‹"‹"Œ"Œ"‹"‹"Œ"‹"‹"‹"Œ"Œ"‹"‹"‹"Œ"‹"‹"Œ"Œ"‹"‹"‹"Œ"‹"Œ"‹"‹"‹"Œ"Œ"‹ OFFICE.
Property Type(s):
Residential Income
| Last Updated | 2/23/2026 | Year Built | 1977 |
|---|---|---|---|
| Community | 654 - San Gabriel | County | Los Angeles |
Price History
| Prior to Feb 23, '26 | $1,688,888 |
|---|---|
| Feb 23, '26 - Today | $1,498,888 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 654 - San Gabriel |
| HEAT | Central |
| LOT | 7501 sq ft |
| LOT DIMENSIONS | 50x150 |
| PARKING | None |
| STORIES | 2 |
Location
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Listed with Remax Commercial and Investment Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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