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Key Details
Sold Price $838,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25075227
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Discover an exceptional opportunity to acquire a strategically situated, well-zoned land parcel in the vibrant community of San Gabriel City, ideal for diverse development projects. Spanning over 11,000 Sq.Ft., this lot provides excellent access to major thoroughfares and a wealth of amenities, including shopping, dining, recreation, and schools, making it an exemplary location for residential development. The site is zoned LCR15000 and currently features an existing single-family unit (7181 1/2) with some enhancements. 7181 has been demolished. 2 property addresses. Additionally, the owner has an approved City Plan for reconstruction of unit 7181 with 2,704 Sq.Ft (5 Beds & 4 Baths), a 489 Sq.Ft Junior Accessory Dwelling Unit (Jr.ADU), and a brand-new 3-car garage. All permits are paid for and ready for construction. Key Features: *Location: Nestled in the highly sought-after northern San Gabriel area, known for its robust demographics and rising property values. *Size: Over 11,000 Sq.Ft of developable land, ensuring ample space for your visionary projects. *Utilities: Services like public water, sewer, and natural gas are accessible at the property line. *Access: Conveniently situated with easy access to Huntington Drive and the 210 Freeway, with close proximity to San Marino, The Huntington Library, Downtown Pasadena, shopping centers, and schools. *Potential: This property offers an unparalleled opportunity for developers to cultivate a thriving community or deliver substantial returns for investors and builders.
Location
State CA
County Los Angeles
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
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Bought with Danny Hy Pinnacle Real Estate Group
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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