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$7,999,999   Price Analysis
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1232 S San Gabriel Blvd
San Gabriel, CA 91776
6 bed None bath 12,441 SqFt ($643/SqFt)
0.38 acre lot. Built 1963
Listed 2024-03-11, Taxes $82,251
Ⓧ USDA Ineligible
due to price & location

near San Gabriel

Emerald Beach Apartments 97% Occupied-Stabilized

Near Pacific Plaza San Gabriel newest mixed use development. This property is a gem as all 36 units are in a single building (unit mix cnsists of 32 - studios, 2 - 1 bedroom and 2 - 2 bedroom).

The property boasts a prime location on San Gabriel Boulevard, within distance to Valley Blvd Corridor and Las Tunas. Current CAP Rate of 5.05% with Proforma of 6.49%


Presented by Alex Hsu Lai at
Longo Investment, Inc.


Property MLS #WS24049147 from CRMLS

Bedrooms: 6

Laundry Features: Common Area

Lot Description: Rectangular Lot
Lot Size Acres: 0.3798
Lot Size Source: Assessor
Lot Size Square Feet: 16545

Number of Units: 36
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2

Community Features: Sidewalks, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 654 - San Gabriel
Source Neighborhood: 654 - San Gabriel
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5372004007
Postal Code Plus 4: 3127
Zoning: SLC3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$2,524,889 + $3,091,701
$5,616,590
$82,251
2021$2,475,382 + $3,031,080
$5,506,462
$81,325
2020$2,450,000 + $3,000,000
$5,450,000
$80,055
2019$1,560,600 + $2,861,100
$4,421,700
$67,827
2018$1,530,000 + $2,805,000
$4,335,000
$65,687
2017$1,483,644 + $2,225,468
$3,709,112
$56,738
2016$1,454,553 + $2,181,832
$3,636,385
$54,365
2015$1,050,000 + $1,650,000
$2,700,000
$42,478
2014$1,050,000 + $1,650,000
$2,700,000
$42,270
2013$1,050,000 + $1,650,000
$2,700,000
$40,753
2012$1,050,000 + $1,650,000
$2,700,000
$40,521
2010$1,050,000 + $1,650,000
$2,700,000
$41,980
2009$1,211,000 + $1,650,000
$2,861,000
$42,384
2009$1,211,000 + $1,650,000
$2,861,000
$42,384
2008$1,310,904 + $1,966,356
$3,277,260
$44,826
2007$1,285,200 + $1,927,800
$3,213,000
$43,573

Listed 2024-03-11
$7,999,999
CRMLS
Listing removed 2024-01-02
$0
CRMLS
Price Changed 2023-06-20
$7,699,999
CRMLS
Listed 2023-03-13
$7,799,999
CRMLS
Listing removed 2021-09-16
$0
CRMLS
Relisted 2021-07-01
$7,699,999
CRMLS
Listing removed 2021-06-12
$0
CRMLS
Price Changed 2021-04-18
$7,699,999
CRMLS
Listed 2020-12-22
$7,999,999
CRMLS
Sold 2019-09-26
$5,450,000
TheMLSCLAW
Sold 2017-06-16
$4,250,000
TheMLSCLAW
Price Changed 2017-06-01
$3,995,000
TheMLSCLAW
Listed 2016-12-12
$5,500,000
TheMLSCLAW
Listing removed 2005-08-31
$3,400,000
ITECH
Sold 2005-08-30
$3,150,000
Public Record
Listed 2005-03-01
$3,400,000
ITECH
Sold 2001-10-16
$1,450,000
Public Record
Sold 1978-11-21
$469,000
Public Record

Net Operating Income: 383952.00

Total Square Feet Living: 12441
Year Built: 1963
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Property Age: 61
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Emma W. Shuey Elementary School is a public elementary school located approximately 0.3 miles away.
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Muscatel Middle School is a public middle school located approximately 0.8 miles away.
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Rosemead High School is a public high school located approximately 1.1 miles away.
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Berean Christian School is a private high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.