San Gabriel, CA 91776 346 San Marcos Street

346 San Marcos Street San Gabriel, CA - Image 1346 San Marcos Street San Gabriel, CA - Image 2346 San Marcos Street San Gabriel, CA - Image 3
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346 San Marcos Street San Gabriel, CA - Image 4346 San Marcos Street San Gabriel, CA - Image 5346 San Marcos Street San Gabriel, CA - Image 6346 San Marcos Street San Gabriel, CA - Image 7346 San Marcos Street San Gabriel, CA - Image 8346 San Marcos Street San Gabriel, CA - Image 9
Presented By: Elizabeth Kho with Joy Realty Group Inc.; 626-286-5222
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PF25112907
  • 05/23/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 22
  • Baths • 18
  • SQFT • 10,228
  • Garage • 2

Home Details

First time on the market in 24 years! Situated in the heart of San Gabriel’s Mission District, this well-maintained 10-unit apartment building features a unit mix of 3br/2ba and 2br/2 ba units on an expansive 14,000 SF lot. Each unit includes central AC/heating, individual water heaters, and some units feature in-unit laundry, newer flooring, and a freshly painted interior. Gas and electric are individually metered, and there is one master water meter serving the property. On-site amenities include dedicated covered parking spaces for all units and common laundry facility. Most units are occupied by long-term tenants, providing immediate income and upside potential for rent growth. The property sits in a high-demand rental market with a Walk Score of 81, located in close proximity to the retail centers along Las Tunas, San Gabriel Valley Medical Center and key commuter corridors including Valley Blvd and Alhambra’s Main St., and easy access to neighboring cities of San Marino and Alhambra. This property offers immediate income, future appreciation, and long-term investment value in one of the most desirable neighborhoods in the San Gabriel Valley.
Presented By: Elizabeth Kho with Joy Realty Group Inc.; 626-286-5222

Interior Features for 346 San Marcos Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level2

General for 346 San Marcos Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces17.0
Carport Y/NYes
CitySan Gabriel
Community FeaturesStreetLights, Sidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsW/South Mission Dr, N/West Santa Anita St.
Entry Location2nd floor with stairs
Expected Active Date 2025-05-27
Garage Spaces2.0
Garage Y/NYes
Gross Income263421.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5308.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet14080.0
Lot Size UnitsSquareFeet
MLS Area654 - San Gabriel
MobileHomeRemainsYNNo
Net Operating Income201863.0
New ConstructionNo
Number Of Units Total10
Number of Units Leased8
Operating Expense61558.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot7
Tenant PaysElectricity, Gas, TrashCollection
Total Actual Rent18212.0
Trash Expense6730.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense4228.0
Year Built1989
Year Built SourceAssessor
ZoningSLR3*

Exterior for 346 San Marcos Street

Building Area Total10228.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesIrregularLot
Lot Size Acres0.3232
Lot Size Area14080.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters0
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking19.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $5,300,000
MLS#PF25112907
List Date 05/23/2025
Property Type Multi-Family
Phone 714.742.6515
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