115-130 N San Marino Ave 47 Unit Apartment Building $12,250,000 ($260,638/Unit) 3.48% Cap Rate San Gabriel, CA 91775

Offered for the first time in over 50 years, 130 Junipero Serra Drive and 115 N San Marino Avenue present a rare opportunity to acquire a 47-unit multifamily community situated on two adjacent parcels totaling just over two acres in the heart of San Gabriel. The property is composed of six townhome-style buildings positioned across three hard corners, featuring an attractive mix of one- and two-bedroom units.
Well-maintained by long-term ownership, the buildings have been well preserved while interiors and operations remain largely original—creating a clear and immediate opportunity to reposition the asset through renovations, rent adjustments, and operational efficiencies. With all tenants on month-to-month leases, investors benefit from day-one flexibility to implement upgrades and execute a new business plan. This is a staple value-add opportunity offering immediate scale in a submarket where properties of this size rarely come to market.
Property Highlights
47 Units Across Six Townhome-Style Buildings
Two Adjacent Parcels Totaling 90,895 SF (2.09 Acres)
Attractive Unit Mix: (37) 2BD/1BA and (10) 1BD/1BA
Current Monthly Income: $70,738
Average Rents: 2BD – $1,598 | 1BD – $1,176
Parking: (46) Carports & (35) Surface Spaces
Value-Add / Development Opportunity
Month-to-Month Tenancy Providing Immediate Flexibility
BROKER NOTES: Please reach out to Young Kim with any questions or further interest.