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Listed by Liza Valayati • Valiant Multi-Family Group
$10,700,000
Est. payment /mo
1.16 Acres Lot
New
401 E Live Oak ST San Gabriel, CA 91776
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25220267
Year Built 1961
Lot Size 1.162 Acres
Source California Regional MLS
Property Description
Rare opportunity for a 32-unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one-bedroom, 13 two-bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well-maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single-car covered parking space for each unit, and an on-site laundry facility along with additional supply rooms. This well-maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifamily asset in a supply constrained, high-demand San Gabriel/San Marino adjacent location. Attractive in-place financing is available at a fixed rate of 3.92% through November 2026, for immediate cost savings for investors. The property also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Interior
Laundry Laundry Area
Exterior
Pool Pool - Yes
Building
Lot Description Paved
Water District - Public
Others
Tax ID 5367015014
Special Listing Condition Not Applicable
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