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Property

San Gabriel, CA 91775 1349 Elm Avenue

1349 Elm Avenue San Gabriel, CA - Image 11349 Elm Avenue San Gabriel, CA - Image 21349 Elm Avenue San Gabriel, CA - Image 3
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1349 Elm Avenue San Gabriel, CA - Image 41349 Elm Avenue San Gabriel, CA - Image 51349 Elm Avenue San Gabriel, CA - Image 61349 Elm Avenue San Gabriel, CA - Image 71349 Elm Avenue San Gabriel, CA - Image 81349 Elm Avenue San Gabriel, CA - Image 9
Presented By: Elizabeth Kho with Joy Realty Group Inc.; 626-286-5222
  • MLS# PF25094581
  • 05/01/2025
  • Request Tour
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  • Beds • 38
  • Baths • 26
  • SQFT • 15,384
  • Year Built • 1988

Home Details

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.
Presented By: Elizabeth Kho with Joy Realty Group Inc.; 626-286-5222

Interior Features for 1349 Elm Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories3

Other Rooms

Entry Level2

General for 1349 Elm Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces28.0
Carport Y/NYes
CitySan Gabriel
Community FeaturesStreetLights, Sidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsN/Las Tunas, W/Muscatel
Electric On Property Y/NNo
Entry Location2nd story w/ steps
Expected Active Date 2025-05-05
Garage Spaces0.0
Garage Y/NNo
Gross Income377496.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense6836.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet18367.0
Lot Size UnitsSquareFeet
MLS Area654 - San Gabriel
MobileHomeRemainsYNNo
Net Operating Income297399.0
New ConstructionNo
Number Of Units Total14
Number of Units Leased13
Operating Expense114418.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot95
Total Actual Rent377496.0
Trash Expense6266.0
UtilitiesNaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense12833.0
Year Built1988
Year Built SourceAssessor
ZoningSLR3YY

Exterior for 1349 Elm Avenue

Building Area Total15384.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit
Lot Size Acres0.4216
Lot Size Area18367.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters14
Number of Separate Gas Meters14
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Covered
Private PoolNo
SpaNo
Total Parking28.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $8,100,000
MLS#PF25094581
List Date 05/01/2025
Property Type Multi-Family
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