$2,200,000
$2,250,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
0.6 Acres Lot
SOLD DATE : 02/19/2020
Key Details
Sold Price $2,200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV19282055
Sold Date 02/19/20
HOA Y/N No
Lot Size 0.602 Acres
Acres 0.6018
Property Description
Crown Jewel of San Gabriel, The Only One with Greatest Potentials on market, Temple City School, 2,678 sq ft living area, 4 beds 2 baths, 26,213 sq ft fenced rectangular lot (72 ft x 368 ft), auto-gated private entrance, can be subdivided into 4 parcels (5000 sq ft each). Elegant inside, upgraded kitchen, master bedroom, remodeled bathrooms, living room and family room with hardwood floor, fire places, well landscaped garden, lots of privacy. Fantastic location, beautiful street with sidewalks, streetlights, well maintained road, prestigious area in-between Sunset Blvd and Rosemead Blvd, next to Arcadia, Temple City. Seller owned since 1974, homebuyers, investors, developers, builders, 1031 Exchange welcome! Do the math: existing structure will rent $4,000.00 - $5,000.00 per month to cover property tax, insurance. Build 3 or 4 new units (new home 2,300 sq ft market price $1,250,000.00), unlimited potentials: (1) Build 4 homes, rent them all or sell them (2) Keep existing structure to live in or for rent, build 3 homes rent or sell, etc. Make 30% profit, your investment money back in 15 years. Four units, PUDs, tract homes, apartments next to and throughout entire block of this Arcadia Ave section, Great Location in North San Gabriel. In reference to Residential Listing ID# CV19274181
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning LCR105
Interior
Fireplace No
Exterior
Fence Block, Wood
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Building
Lot Description 0-1 Unit/Acre, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinkler System, Street Level, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5379024021
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Qiu Autumn Yuan • Re/Max Premier Prop Arcadia