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$1,420,000
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Property Description
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.
Full Property Details
Full Property Details for 312 S Pine St
General
- Sold For: $1,420,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25630603
- Added to Site: 123 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: None
Parking
- Garage Description: Garage - None, Other
Location
- Area: San Gabriel
- County: Los Angeles
- Driving Directions: South of Broadway, West of San Gabriel
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 5,056
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1977
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1722
- Lot Size: 7500
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 150
- Zoning: SLR3*
Financial Considerations
- Price Per Sq. Ft.: $296.46
- Assessment Year: 1977
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5367-032-016
Listed and Sold by Remax Commercial and Investment Realty, Eric Dilanian and Remax Commercial and Investment Realty, Shant Sherbetdjian
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Schools
Schools serving 312 S Pine St
School District:San Gabriel Unified School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, San Gabriel, CA 401 Walnut Grove Avenue, San Gabriel, CA 91776 | K-5 | 0.3 mi |
Jefferson Middle School, San Gabriel, CA 1372 East Las Tunas Drive, San Gabriel, CA 91776 | 6-8 | 0.8 mi |
Gabrielino High School 1327 South San Gabriel Boulevard, San Gabriel, CA 91776 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 312 S Pine St
Date
Details
Price
Change
Source
4/08/2026
Sold
$1,420,000
-5.26%
MLS
2/23/2026
Price Reduced
$1,498,888
-11.25%
MLS
12/23/2025
Listed
$1,688,888
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
312 S Pine St, San Gabriel, CA 91776 (MLS# 25630603) is a Multi-Family property that was sold at $1,420,000 on April 08, 2026. Want to learn more about 312 S Pine St? Do you have questions about finding other Multi-Family real estate for sale in San Gabriel? You can browse all San Gabriel real estate or contact a Coldwell Banker agent to request more information.

