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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22219456
Sold Date 11/16/22
HOA Y/N No
Lot Size 10,844 Sqft
Property Description
This R3 lot has apx 11,000 sf of spacious ground and has three single houses on it. Unit C is move-in ready. Units A and B are in need of work, and it's a great fixer project. Unit A is 3bd/1ba and units B and C each have two bedrooms, one bath, three electric & gas meters, and one water meter. The new buyer can do a fresh start with fixing them up and rent it to the market. Rear house has a two car garage and it is the best of the three. Three side block fencing around for privacy. It is also a good project for developers. Being located in a popular neighborhood of San Gabriel, bordering 3 major commercial blvds., Valley blvd. prime corridor between Del Mar and San Gabriel Blv., with two refined, upscale and stylish Hilton and Sheraton hotels, high end jewelry stores, fashion boutique shops and hundreds of restaurants, a busy town in a very unique pocket neighborhood of its own world. New housing developments are in demand. Townhomes and condominium projects are possible. Please check with the city. See attachment for R3 zone development regulations. First time on the market in 45 years! apx sf for the front house 1100sf, middle house 600sf, rear house 800sf. lot 61 x181.
This R3 lot has apx 11,000 sf of spacious ground and has three single houses on it. Unit C is move-in ready. Units A and B are in need of work, and it's a great fixer project. Unit A is 3bd/1ba and units B and C each have two bedrooms, one bath, three electric & gas meters, and one water meter. The new buyer can do a fresh start with fixing them up and rent it to the market. Rear house has a two car garage and it is the best of the three. Three side block fencing around for privacy. It is also a good project for developers. Being located in a popular neighborhood of San Gabriel, bordering 3 major commercial blvds., Valley blvd. prime corridor between Del Mar and San Gabriel Blv., with two refined, upscale and stylish Hilton and Sheraton hotels, high end jewelry stores, fashion boutique shops and hundreds of restaurants, a busy town in a very unique pocket neighborhood of its own world. New housing developments are in demand. Townhomes and condominium projects are possible. Please check with the city. See attachment for R3 zone development regulations. First time on the market in 45 years! apx sf for the front house 1100sf, middle house 600sf, rear house 800sf. lot 61 x181.
Location
State CA
County Los Angeles
Area San Gabriel (91776)
Zoning Assessor
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $84
Acceptable Financing Exchange
Listing Terms Exchange
Financing Cash
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Yidan Xu • Your Home Sold Guaranteed Realty