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Key Details
Sold Price $4,000,000
Property Type Single Family Home
Sub Type Detached
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
Style Detached
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 markets highest demand floor plan & size, and aiming for highest investment return. The propertys 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.
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 markets highest demand floor plan & size, and aiming for highest investment return. The propertys 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 (91775)
Zoning LCR1*
Interior
Cooling Central Forced Air, Dual
Fireplaces Type FP in Family Room
Exterior
Garage Spaces 6.0
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $70
Acceptable Financing Cash, Conventional, Exchange, Cash To Existing Loan, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, Cash To Existing Loan, Cash To New Loan
Special Listing Condition Standard
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Bought with KRYSTAL RAMOS • ARC NEST