1349 Elm Ave

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.