$6,900,000
1349 Elm Avenue, San Gabriel CA 91775
Multi-Family (14 Units)
Property type
225 days
On market
$449
Price per sqft
0 cars
Garage
1988
Year built
18,367 sqft
Lot size
Home highlights
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Overview
Discover a rare opportunity to acquire a pride-of-ownership 14-unit apartment building in the highly desirable city of San Gabriel! On the market for the first time in 26 years, this gated and well-maintained property offers approximately 15,384 SF of rentable space on an 18,362 SF R3-zoned lot with 80 ft of street frontage. The unit mix includes spacious 3BR/2BA and 2BR/2BA...
Listing provided by: Elizabeth Kho DRE #00970729 626-286-5222, Joy Realty Group Inc., Monica Young DRE #02080388, Joy Realty Group Inc.
Listing updated: Apr 30, 2026 at 12:24am.
Last checked: Jun 14, 2026 at 02:31am
Source: CRMLS #PF25253031
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 3 | 2 | — | $2,695 | $8,085 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $0 | $0 | $2,950 | Unfurnished |
| 2 | 2 | 2 | — | $2,450 | $4,900 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $2,485 | $2,485 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $2,020 | $2,020 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $2,587 | $2,587 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $2,533 | $2,533 | $0 | Unfurnished |
| 1 | 2 | 2 | — | $2,095 | $2,095 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $2,363 | $2,363 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $2,675 | $2,675 | $0 | Unfurnished |
| 1 | 2 | 2 | — | $0 | $0 | $2,550 | Unfurnished |
# of Buildings: 4
# of Units Total: 14
Separate Electric Meters: 14
Separate Gas Meters: 14
Separate Water Meters: 2
Rent Control: Yes
Units Leased: 12
Total Actual Rent: $29,741
Financial Snapshot
Gross Rent Multiplier
16.3x
List Price / Annual Gross Rent
Cap Rate
3.64%
NOI / List Price
Gross Scheduled Income: $422,897
Operating Expense: $171,577
Net Operating Income: $251,320
Annual Operating Expenses
Insurance: $6,022
Professional Management: $0
Trash: $7,423
Water / Sewer: $12,270
Other Expense: $145,862
Interior
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Common Area
Entry Location: 2nd Story W, Steps
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Near Public Transit
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Natural Gas Connected, Sewer Connected, Water Connected
View: None
Garage and Parking
Parking: Attached Carport, Covered
Garage Spaces: 0
Carport Spaces: 28
Parking Total: 28
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5387007002
Additional Parcels: No
Tax Lot: 95
Zoning: SLR3YY
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks