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$1,688,888
25 Days On Site

312 S Pine Street
San Gabriel, CA 91776

For Sale|Residential Income|Active
10
Beds
6
Total Baths
5,056
SqFt
$334
/SqFt
1977
Built
County:
Los Angeles
Listed by Eric Dilanian of Remax Commercial and Investment Realty [email protected]
Call Now: +1 (562) 337-3915
Is this the listing for you? We can help make it yours.
+1 (562) 337-3915
312 S Pine Street312 S Pine Street312 S Pine Street312 S Pine Street
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Monthly Payment (Est.)

$7,705
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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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Listing Snapshot
Price 
$1,688,888
Days On Site 
25 Days
Bedrooms 
10
Inside Area (SqFt) 
5,056 sqft
Total Baths 
6
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1977
MLS® Number 
25630603
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1722
Levels 
Two
Number Of Stories 
2
Parking 
None
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
5056
Zoning 
SLR3*
Interior Features
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
654 - San Gabriel


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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