Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
2.0867
-
Property Type
Commercial Sale
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Property Sub Type
Mixed Use
Price
-
Sales Price
$12,250,000
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Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Derek Kaptanoglu , Compass
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