$1,450,000
$1,388,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
270 S Burton Avenue San Gabriel, CA 91776
5 Beds
4 Baths
0.35 Acres Lot
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23203917
Bedrooms 5
Lot Size 0.347 Acres
Property Description
Discover the extraordinary opportunity to own a rare and expansive property in the thriving city of San Gabriel. This unique offering comprises two distinct units on an impressive lot, exceeding 15,000 sqft, in a prime location, showcasing significant land. Each unit features their own yards and individual two-car garages, providing privacy and convenience. There is ample space between the two houses, allowing for additional parking if needed. The interiors boast kitchens and bathrooms in commendable condition, with each unit offering a comfortable living space. The measurements for 270 S Burton are 1345 sqft, and for 272 S Burton, they are 1596 sqft, respectively. This property presents multiple possibilities for discerning buyers: occupy one unit while generating rental income from the other, expand by adding additional units/ADUs, or explore the potential for subdividing and constructing new Planned Unit Developments (PUDs). The current long-term tenants contribute stable income, with the rent offering significant upside potential. Located in a desirable area known for its stability and growth, the property is conveniently close to schools, parks, shopping centers, and supermarkets, ensuring easy access to essential amenities. This is an exceptional opportunity to invest in a valuable and sizeable lot with versatile ownership options in the heart of San Gabriel. Don't miss this unparalleled investment chance to own this great property before it becomes unavailable. Please do not disturb the occupants. Schedule an appointment following the provided instructions, and be aw
Discover the extraordinary opportunity to own a rare and expansive property in the thriving city of San Gabriel. This unique offering comprises two distinct units on an impressive lot, exceeding 15,000 sqft, in a prime location, showcasing significant land. Each unit features their own yards and individual two-car garages, providing privacy and convenience. There is ample space between the two houses, allowing for additional parking if needed. The interiors boast kitchens and bathrooms in commendable condition, with each unit offering a comfortable living space. The measurements for 270 S Burton are 1345 sqft, and for 272 S Burton, they are 1596 sqft, respectively. This property presents multiple possibilities for discerning buyers: occupy one unit while generating rental income from the other, expand by adding additional units/ADUs, or explore the potential for subdividing and constructing new Planned Unit Developments (PUDs). The current long-term tenants contribute stable income, with the rent offering significant upside potential. Located in a desirable area known for its stability and growth, the property is conveniently close to schools, parks, shopping centers, and supermarkets, ensuring easy access to essential amenities. This is an exceptional opportunity to invest in a valuable and sizeable lot with versatile ownership options in the heart of San Gabriel. Don't miss this unparalleled investment chance to own this great property before it becomes unavailable. Please do not disturb the occupants. Schedule an appointment following the provided instructions, and be aware that an offer may be subject to interior inspection.
Location
State CA
County Los Angeles
Area San Gabriel (91776)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 1
Others
Acceptable Financing Cash, Conventional
Space Rent $2,925
Listing Terms Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with JASON WEI • RE/MAX PREMIER/ARCADIA