1232 S San Gabriel, San Gabriel, CA 91776

Apartment · For sale · $7,150,000 · MLS# CV26060477

Apartment for sale in Southern California — $7,150,000. We are pleased to present the exclusive opportunity to acquire the Emerald Apartments, a premier 36-unit multifamily investment located in the high-demand core of San Gabriel, California. Offering the lowest price per…

1232 S San Gabriel
For sale

$7,150,000

1232 S San Gabriel, San Gabriel, CA 91776

ApartmentProperty type
1963Year built
0.38 acresLot size
HOA
17 spacesParking

Facts & features

Interior

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: Wall Window Units

Appliances

  • Laundry: Common Area

Property

Parking

  • Total parking spaces: 17

Lot

  • Lot size: 0.38 acres

Features

  • Pool features: None

Construction

Type & style

  • Home type: Apartment
  • Property subtype: Apartment

Condition

  • Year built: 1963

Financial & listing details

  • Days on market: 121 days
  • Status: Active
  • MLS#: CV26060477

Location

  • City: San Gabriel
  • ZIP: 91776

About this home

We are pleased to present the exclusive opportunity to acquire the Emerald Apartments, a premier 36-unit multifamily investment located in the high-demand core of San Gabriel, California. Offering the lowest price per unit on the market, this well-maintained asset at 1232 S. San Gabriel Boulevard provides investors a rare combination of immediate stability and long-term appreciation. It is perfectly positioned within one of the San Gabriel Valley’s most historic and supply-constrained submarkets. Known as the "Birthplace of the Los Angeles Region," San Gabriel blends cultural heritage with modern suburban convenience. Residents of the Emerald Apartments benefit from a sophisticated regional transportation network, enjoying seamless access to the I-10, I-210, SR-60, I-605, and I-710 freeways. This central positioning serves as a vital commuter hub, connecting the workforce to major employment centers across Los Angeles, Orange, Riverside, and San Bernardino Counties. The Emerald Apartments is defined by classic architecture and a professional blend of lush, mature greenery and sustainable, drought-resistant landscaping. Residents benefit from a comprehensive amenity package that includes controlled gated entry, a central courtyard, and a convenient on-site laundry facility, all complemented by a plethora of surface parking. The modernized interiors feature functional, open layouts designed for contemporary living, highlighted by gourmet kitchens with updated countertops, cabinetry, drawer fronts, and full-size appliances including modern oven ranges, refrigerators, and pantries. These high-end finishes are further enhanced by durable vinyl wood plank flooring, updated lighting and plumbing fixtures, ceiling fans, and vertical blinds. Each residence ensures year-round comfort with dedicated wall-mounted A/C and heating units within a strictly smoke-free community. This stable, well-maintained asset provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a premier submarket. The property’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for scale, a seasoned institutional investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset, this offering provides long-term stability and an exceptional foothold in the thriving San Gabriel Valley economy.

Listing updated: June 17, 2026 at 10:28 AM

Listed by: Eric Chen, CB RICHARD ELLIS

Source: CRMLS, MLS#: CV26060477, Originating MLS: California Regional MLS

Location

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San Gabriel

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Facts & features

Interior

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: Wall Window Units

Appliances

  • Laundry: Common Area

Property

Parking

  • Total parking spaces: 17

Lot

  • Lot size: 0.38 acres

Features

  • Pool features: None

Construction

Type & style

  • Home type: Apartment
  • Property subtype: Apartment

Condition

  • Year built: 1963

Financial & listing details

  • Days on market: 121 days
  • Status: Active
  • MLS#: CV26060477

Location

  • City: San Gabriel
  • ZIP: 91776

Price history

DateEventPrice
4/09/2026Source: CRMLS, #CV26060477Price change$7,150,000-2.7%
3/19/2026Source: CRMLS, #CV26060477Listed for sale$7,350,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-17 10:28:39 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information