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$ 850,000
Est. payment | /mo
0.25 Acres Lot
$ 850,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID AR25075227
HOA Y/N No
Year Built 1942
Lot Size 0.254 Acres
Property Sub-Type Duplex
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.
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
Area 699 - Not Defined
Zoning LCR15000*
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Valley
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5379002030
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Danny Hy • Pinnacle Real Estate Group • 626-831-2709
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Armand Martin
Agent | License ID: 02140006