San Gabriel, CA 91776,5210 Acacia Street
San Gabriel, CA 91776,5210 Acacia Street
San Gabriel, CA 91776,5210 Acacia Street
$1,800,000
Est. payment /mo
$1,250,000
44.0%
Est.Price: ?

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7 Beds
4 Baths
0.48 Acres Lot
SOLD DATE : 11/01/2021

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-6833

Sold Date 11/01/21

Bedrooms 7

HOA Y/N No

Lot Size 0.485 Acres

Property Description

This property is a developer's dream. Zoned LCA1, Triplex (3 units, any combination), the property is a large, flat lot of approx. 1/2 acre (21,120 square foot). There are 3 single family homes on the property that could be refurbished, or the whole site can be redeveloped to achieve top dollar for sale or for rent with 3 homes, 3 townhouses, or 3 apartments. The front house, built in 1958, is the largest, is in the best condition, and has three bedrooms and two baths and an attached 2-car garage. It could be used as the developer's home and/or office while developing the other two structures. The back houses are identical two bedroom and one bath units with an attached single car garage. Masonry walls border the north and south sides of the property. The street is a quiet, long cul-de-sac with no through traffic, yet it is still in close proximity to shops, schools, parks, restaurants, and transportation. Similar properties have been successfully developed on this street. The property is located south of Broadway and west of Rosemead Blvd. in the LA County Area of San Gabriel. San Gabriel area schools. This is a great opportunity! (3 electric meters, front & back units gas meters, middle unit no gas, 1 water meter.)
This property is a developer's dream. Zoned LCA1, Triplex (3 units, any combination), the property is a large, flat lot of approx. 1/2 acre (21,120 square foot). There are 3 single family homes on the property that could be refurbished, or the whole site can be redeveloped to achieve top dollar for sale or for rent with 3 homes, 3 townhouses, or 3 apartments. The front house, built in 1958, is the largest, is in the best condition, and has three bedrooms and two baths and an attached 2-car garage. It could be used as the developer's home and/or office while developing the other two structures. The back houses are identical two bedroom and one bath units with an attached single car garage. Masonry walls border the north and south sides of the property. The street is a quiet, long cul-de-sac with no through traffic, yet it is still in close proximity to shops, schools, parks, restaurants, and transportation. Similar properties have been successfully developed on this street. The property is located south of Broadway and west of Rosemead Blvd. in the LA County Area of San Gabriel. San Gabriel area schools. This is a great opportunity! (3 electric meters, front & back units gas meters, middle unit no gas, 1 water meter.)

Location

State CA

County Los Angeles

Area San Gabriel (91776)

Zoning Assessor

Building

Lot Description Curbs

Level or Stories 1 Story

Others

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Sarah Rogers • The Agency
Bought with Bill Doll • COMPASS
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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