Movoto Real Estate
Sold on 03/24/2026
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312 S Pine St, San Gabriel, CA 91776

  • $1,420,000

    Last sold 03/24/2026 after 90 Days

  • 10

    bed

  • 6

    bath

  • 5,056

    Sqft ($281/Sqft)

Multi-family not for sale
Movoto is helping 6 homebuyers near you

About 312 S Pine St

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Lot size 7,500 Sqft
Movoto estimate
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.
Listed by
Listing Agent - Eric Dilanian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#25630603 • last updated 4 months ago
Movoto checked The MLS for data 5 minutes ago
Overview
Levels/Style Two
MLS # 25630603
Type Residential Income
Status Sold
SqFt 5056
Lot Size (SqFt) 7500
Lot Size (Acres) 0.1722
Year Built 1977
Interior
Total # of Baths 6
Total # of Bedrooms 10
Exterior
# Parking Spaces 14
Parking Desc Garage - None, Other
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning SLR3*
APN 5367-032-016
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 1900
Unit 1: Projected Rent 7200
Unit 1: # Beds 2
Unit 1: Rent 1470
Unit 2: Rent 2145
Unit 3: Rent 1500
Unit 2: Furnished No
Unit 2: Projected Rent 3200
Unit 3: # Beds 1
Unit 2: # Beds 3
Unit 2: # Baths 2
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 2145
Unit 3: Actual Rent 1500
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 4409
Total # Of Buildings 1
Net Operating Income 45532
Vacancy Rate 3%
Gross Income 96648
Gross Operating Income 93749
Gross Rent Multiplier 15.51
Total Annual Expenses 48217
$1.42M
Range: $1.27M-$1.56M
Last 30 days 
  • Apr 2026
    Public Records
  • Apr 8, 2026 Sold
    $1,420,000
  • Apr 2026
    mls logo MLS # 25630603
  • Apr 8, 2026 Sold
    $1,420,000 (-5.3%)
  • Mar 24, 2026 Pending
  • Feb 23, 2026 Price Change
    $1,498,888 (-11.3%)
  • Dec 23, 2025 Listed
    $1,688,888
  • 312 S Pine St
    $1.42M
  • East of Smith Park
    $999K +13% y/y
  • 91776
    $999K +3% y/y
  • San Gabriel
    $1.09M 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • San Gabriel
  • 91776
  • East of Smith Park
  • 312 S Pine St
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