$4,000,000
$4,200,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
8 Baths
5,872 SqFt
SOLD DATE : 06/12/2023
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 TR23009079
Sold Date 06/12/23
Bedrooms 14
Full Baths 8
HOA Y/N No
Year Built 1964
Lot Size 0.829 Acres
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 654 - San Gabriel
Zoning LCR1*
Rooms
Main Level Bedrooms 14
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air, Dual
Fireplaces Type Family Room
Fireplace Yes
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District San Gabriel Unified
Others
Senior Community No
Tax ID 5375023018
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with KRYSTAL RAMOS • ARC NEST