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Sold for $6,200,000
  • Listed by: Joy Realty Group Inc. • Elizabeth Kho • Contact: 626-286-5222
    Bought with: James F. Gilb
    $6,200,000

    1349 Elm Ave, San Gabriel, CA 91775

    38beds
    28baths
    15,384sqft
    Mixed Use
    Built in 1988
    -- sqft lot
    $6,199,800 Zestimate®
    $403/sqft
    $2,355 Estimated rent

    Home value

    $6,199,800

    $5.64M - $6.82M

    $2,355/mo

    Zestimate® history
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    What's special

    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 floor plans, complemented by manicured front and back yards. Each unit features central A/C and heating, individual water heaters, separate gas and electric meters, two dedicated covered parking spaces, and access to an on-site laundry facility. Conveniently located near the high-traffic intersection of Rosemead Blvd and Las Tunas —at the prime Temple City corner—the property is surrounded by retail destinations including Camellia Square, GW Supermarket, Chuze Fitness, Elm Shopping Center and newly built luxury apartment developments. Most units are currently occupied, generating immediate income with strong rent upside potential. Whether you're expanding your portfolio or seeking a long-term investment in a growth market, this San Gabriel multifamily opportunity delivers both performance and potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Kho DRE #00970729 626-286-5222,

    Joy Realty Group Inc.,

    Monica Young DRE #02080388,

    Joy Realty Group Inc.

    Bought with:

    James Gilb, DRE #00998653

    James F. Gilb

    Source: CRMLS,MLS#: PF25253031MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 38
    • Bathrooms: 28
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 15,384
    • Total interior livable area: 15,384 sqft

    Property

    Parking
    • Total spaces: 28
    • Parking features: Attached Carport, Covered
    • Carport spaces: 28
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 2nd story w/ steps
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.42 Acres
    • Features: Near Public Transit
    Details
    • Parcel number: 5387007002
    • Zoning: SLR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: San Gabriel

    Financial & listing details

    • Price per square foot: $403/sqft
    • Date on market: 11/3/2025
    • Cumulative days on market: 350 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Total actual rent: 29741

    Price history

    DateEventPrice
    7/8/2026Sold$6,200,000-10.1%$403/sqft
    Source: CRMLS #PF25253031 Report a problem
    6/16/2026Pending sale$6,900,000$449/sqft
    Source: CRMLS #PF25253031 Report a problem
    11/3/2025Listed for sale$6,900,000$449/sqft
    Source: CRMLS #PF25253031 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91775

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,199,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,199,800