$ 12,250,000
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$12,250,000
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About the Listing SAND-8355 - SAND-708259
First time on the market in over 50 years, 130 Junipero Serra Drive and 115 N San Marino Avenue offer a rare chance to acquire a 47-unit multifamily property on two adjacent parcels totaling just over two acres in the heart of San Gabriel. The six townhome-style buildings sit across three hard corners with a mix of one- and two-bedroom units. Well-kept by long-term ownership, the property offers immediate upside through renovations, rent increases, and improved operations. All tenants are month-to-month, providing flexibility from day one. The property features 47 units across six buildings with 37 two-bedroom and 10 one-bedroom units, totaling 90,895 SF (2.09 acres). Current income is $70,738 per month, with average rents of $1,598 (2BD) and $1,176 (1BD). There are 46 carports and 35 surface spaces. A true value-add opportunity in a market where large assets rarely trade.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
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Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R-3
- Roof: Tar/Gravel
- Others: 2+ Total Units
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5362021001
- Tax Year: N/A
Payment Calculator
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130 Junipero Serra Dr San Gabriel, CA 91776
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