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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.
Property Type(s):
Residential Income
| Last Updated | 3/19/2026 | Year Built | 1963 |
|---|---|---|---|
| Community | 654 - San Gabriel | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 654 - San Gabriel |
| HEAT | Wall Furnace |
| LOT | 0.3797 acre(s) |
| LOT DIMENSIONS | 16541 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with CB RICHARD ELLIS
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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