Skip To Content
    Return to Previous Page

    329 S Arroyo Drive

    San Gabriel, CA 91776
    • $1,300,000
    • STATUS: CONTINGENT
    • ON SITE: 246 days
    • ID#: 301765346
    Under Contract
    UPDATED: 64 min ago
    $1,300,000
    • 4
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    A great development potential for this large flat lot of 14,478 sqft (58x250) located at a desirable area in City of San Gabriel, adjacent to City of Alhambra. North of Mission Road. R-3 zoning, all units are 1 bedroom 1 bath plus den, the den is large enough to be used as secondary bedroom. Each unit has its own large private backyard and its own laundry room with hookup. NO RENT CONTROL. It was conditionally approved by the city to subdivide and build a 6-units condominium in 2014 (buyer verify with cit A great development potential for this large flat lot of 14,478 sqft (58x250) located at a desirable area in City of San Gabriel, adjacent to City of Alhambra. North of Mission Road. R-3 zoning, all units are 1 bedroom 1 bath plus den, the den is large enough to be used as secondary bedroom. Each unit has its own large private backyard and its own laundry room with hookup. NO RENT CONTROL. It was conditionally approved by the city to subdivide and build a 6-units condominium in 2014 (buyer verify with city for all redevelopment requirement). No vacancy currently. Rent is about 30% below market. 4 covered parking spaces with two guest parking at front of the building. Separated electrical and gas meters, 1 master water meter. This property is sold "as is" condition. Please do not walk on or disturb tenants. Motivated Seller!

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sandiegorealestateleaders.com/homes/100688150
    Print Image

    329 S Arroyo Drive San Gabriel, CA 91776

    • Price: $1,300,000
    • Status: CONTINGENT
    • Updated: 64 min ago
    • ID#: 301765346
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1948
    Built
    Neighborhood:
    San Gabriel (91776)
    County:
    Los Angeles
    Area:
    San Gabriel (91776)
    Property Description
    A great development potential for this large flat lot of 14,478 sqft (58x250) located at a desirable area in City of San Gabriel, adjacent to City of Alhambra. North of Mission Road. R-3 zoning, all units are 1 bedroom 1 bath plus den, the den is large enough to be used as secondary bedroom. Each unit has its own large private backyard and its own laundry room with hookup. NO RENT CONTROL. It was conditionally approved by the city to subdivide and build a 6-units condominium in 2014 (buyer verify with cit A great development potential for this large flat lot of 14,478 sqft (58x250) located at a desirable area in City of San Gabriel, adjacent to City of Alhambra. North of Mission Road. R-3 zoning, all units are 1 bedroom 1 bath plus den, the den is large enough to be used as secondary bedroom. Each unit has its own large private backyard and its own laundry room with hookup. NO RENT CONTROL. It was conditionally approved by the city to subdivide and build a 6-units condominium in 2014 (buyer verify with city for all redevelopment requirement). No vacancy currently. Rent is about 30% below market. 4 covered parking spaces with two guest parking at front of the building. Separated electrical and gas meters, 1 master water meter. This property is sold "as is" condition. Please do not walk on or disturb tenants. Motivated Seller!
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K

    Interior Features

    Cooling Wall/Window Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 4

    Property Features

    Annual Expense Actual 21970 Buildings 1 Gross Scheduled Income Actual 55800 Tenant Pays Cable TvElectricityGas/Propane Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1200.0 Unit2 Rent Actual 1250.0 Unit3 Rent Actual 1100.0 Unit4 Rent Actual 1100.0 Water Meter On Property Zoning Slr2yy

    Listing provided courtesy of Safco Realty. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_301765346-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_301765346-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_301765346-1.jpg
    Logo
    Douglas Elliman
    1615 Murray Canyon Rd., Suite 110
    San Diego CA, 92108