312 South Pine Street
San Gabriel, CA, 91776 $ 1,688,888
Baths0.0 Sq 5,056 Monthly Estimate*
$ 10,536
Studio for $1,688,888. This 5,056 square foot home was built in 1977 on a lot size of 0.17.
We are pleased to present for sale a rare San Gabriel offering - First Time on the Market in 40 Years. Nestled in one of San Gabriel's most desirable residential pockets, this 5-unit apartment community is being offered for sale for the first time in four decades. Built in 1977, the property stands out from the area's older rental stock, offering newer construction, thoughtful layouts, and a level of comfort that today's renters continue to seek. Its well-balanced unit mix including a spacious three-bedroom/two-bath residence, three two-bedroom/one-bath units, and a one-bedroom/one-bath apartment caters to a broad renter demographic and supports long-term occupancy. Boasting an impressive 87 Walk Score, the property sits within easy reach of the vibrant shops, cafs, and restaurants along Las Tunas Drive and San Gabriel Boulevard. Residents enjoy the convenience of central air conditioning and heating in every unit, a notable amenity in the San Gabriel Valley market. With an estimated 40% rental upside, the building offers clear potential for value-add improvements and future income growth. Situated in a charming neighborhood bordering San Marino, the asset benefits from a strong sense of community, excellent local schools, and enduring housing demand. And with no local rent control only statewide AB 1482 regulation investors have the flexibility to implement strategic upgrades and reposition the property over time. This long-held property represents an exceptional opportunity to acquire a well-located, multifamily asset with meaningful upside in one of the San Gabriel Valley's most sought-after neighborhoods. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, Soft-Story Compliance, and the ability to construct ADU(s) or additional units. The property is being offered for sale alongside a portfolio totaling (49 Units) with apartments located in Montebello, Silver Lake, and Alhambra. Properties can be sold together as a portfolio or individually. DO NOT DISTRUB TENANTS OR WALK ON THE PROEPRTY WITHOUT AN APPOINTMENT WITH THE LISTING OFFICE.
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FeaturesGeneralLiving Area 5056.0
Sewer None
Heating Central
Cooling Central Air
Zoning SLR3*
Year Built 1977
Levels Two
County Los Angeles
Net Operating Income 41113.0
New Construction No
Property Type C
HOA No
Status Active
City San Gabriel
Senior Community Y/N No
MLS Area 654 - San Gabriel
Lot Size Units Square Feet
Lot Size Square Feet 7500.0
Standard Status Active
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ExteriorLot Size Area 7500.0
Pool Y/N? Yes
Building Area Total 5056.0
Lot Dimensions 50x150
Lot Size Acres 0.17
Land Lease Type Fee
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InteriorTotal Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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* Excluded FeaturesList ByEric DilanianListing Agent
Remax Commercial And Investment RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,536
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Gabriel, CA
Average List Price $3,491,354
Percent of Sale Price 107%
About San Gabriel, CA 40,546 Population
2% Since 2002
$ 56,843 Median Income
41.97 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/23/2025 | $1,688,888 | | Listed Price |