130 Junipero Serra Dr new

San Gabriel,CA 91776

$ 12250000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250043877SD

HOA Y/N No

Lot Size 2.087 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Zoning R-3

Interior

Fireplace No

Exterior

Roof Type Tar/Gravel

Others

Tax ID 5362021001

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