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Multifamily Loans in
San Gabriel, CA

Overview

San Gabriel is located in a strong market for 5+ unit multifamily loans. Multifamily loans in San Gabriel are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in San Gabriel are some of the lowest nationally. San Gabriel apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in San Gabriel.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in San Gabriel, CA

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in San Gabriel are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.04% - 3.28%
7 Year Fixed 3.15% - 3.39%
10 Year Fixed 3.38% - 3.62%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.06% - 3.31%
7 Year Fixed 3.23% - 3.68%
10 Year Fixed 3.20% - 3.60%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2021. This is not an offer or commitment to lend. Multifamily loan rates in San Gabriel may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Lenders in San Gabriel, CA

All major multifamily lender types are lending in San Gabriel.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 03, 2021


San Gabriel Market

The city of San Gabriel in Los Angeles County has a population of 39,899. The median rent in Los Angeles County for a 2 bedroom is $2,238. The median San Gabriel resident is 42 years old with a yearly income of $26,271. The average family has 3.54 members and a median household income of $62,541. San Gabriel has a 32% higher education rate. The unemployment rate in San Gabriel is 5.8%.


Population
39,899 people

County
Los Angeles County

Renters

55.9% of San Gabriel households are renters.


Rent Burden

38.9% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Los Angeles County 1
California 2
National 2
Studio $1,488 $1,137 $737
1 bedroom $1,746 $1,291 $813
2 bedroom $2,238 $1,635 $1,015
3 bedroom $2,974 $2,254 $1,325
4 bedroom $3,243 $2,613 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

San Gabriel Demographics


Median Individual Income
$26,271 / year

Median Household Income
$62,541 / year

Families w/ Dual Incomes
58%

Unemployment Rate
5.8%
Household Income Distribution
San Gabriel, CA

Median Age
42 years

Avg Family Size
3.54 people
Age Distribution
San Gabriel, CA

College Education or Above
32%

STEM College Graduates
47%
Education Distribution
San Gabriel, CA
Source: U.S. Census Bureau

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