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Closed
- Listed price
- $5,580,000
- Listed May 6, 2019
- Sold price
- $5,450,000
- Sold Sep 26, 2019
16,541 sqft lot|1963 Built|44 MLS days on market
1232 S SAN GABRIEL, San Gabriel, CA 91776
Property Description
We present a rare opportunity to own 36 units in a classic and well-established complex based in the heart of San Gabriel! 1232 S. San Gabriel Blvd. is one of those larger buildings that you don't find often in this area. With a fantastically low current GRM of 12.20 & high current cap rate of 5.14%, you're unlikely to find a better deal in this area! This property boasts easy access to major shops and restaurants on Valley Blvd. (San Gabriel Square or Focus Plaza, as it is known to the locals). The building has a great upside and will allow its future owner to maximize on rental income. This property is composed of two (2) two bedroom, one bathroom units, two (2) one bedroom, one bathroom units & thirty-two (32) studio, one bathroom units, situated in a 'U' shape and facing away from the main road so all noise is nicely reduced. There is a sizeable pool and seventeen (17) designated parking spaces, plus plenty of street parking.
Listing agent: Benjamin J. HsiangDRE #01438644bhsiang@riacre.com, Listing office: Realty Investment Advisors, In
MLS data updated 11/2/2026, 1:20:40 AM PT
Source: CRMLSMLS #: 19462894
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$5,450,000
Sep 26, 2019
Available records32019
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91776 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91776 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.