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Key Details
Sold Price $4,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,872 sqft
Price per Sqft $681
MLS Listing ID CRTR23009079
Sold Date 06/12/23
Bedrooms 14
Full Baths 8
HOA Y/N No
Year Built 1964
Lot Size 0.829 Acres
Acres 0.8291
Property Description
Rare 7 units Detached PUD development opportunity in the highly sought-after North San Gabriel area. The Approved Tentative Map consists of four (4x) 2,310 SQF Detached home, and three (3x) 2,913 SQF Detached home, totaling approximately 18,000 SQF Gross Living Area on a huge 36,116 SQF flat land. Each home features 4 Bedroom, 4.5 Bathroom, meticulously designed for market’s highest demand floor plan & size, and aiming for highest investment return. The property’s desirable location is just a short walk from the most coveted city of San Marino, the area offers abundant daily essentials, grocery stores, dining and entertainment amenities. Furthermore, this highly profitable project currently consists of 4 fully occupied and income generating single family homes. All tenants are courteous and always pay online even during pandemics. Investors may start construction at best market conditions without any financial pressure.
Location
State CA
County Los Angeles
Area San Gabriel
Zoning LCR1
Interior
Heating Central
Cooling Central Air, Other
Fireplaces Type Family Room
Fireplace Yes
Laundry Other
Exterior
Garage Spaces 6.0
Pool None
View Y/N false
View None
Total Parking Spaces 6
Private Pool false
Building
Lot Description Street Light(s)
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District San Gabriel Unified
Others
Tax ID 5375023018
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with KrystalRamos