329 Arroyo Drive, San Gabriel, CA, 91776

329 Arroyo Drive, San Gabriel, CA, 91776 < >
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for sale
$1,388,000
Lot Size:0.33 Acres
Year Built:1948
Status:Active
MLS #:AR17174099
Date Updated:
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Star Real Estate
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Go See This Home
Rare 4 unit investment property with opportunity for future development. Rent is currently below market thus providing an opportunity for a savvy investor to increase rent. This property is ideal for both an investor who desire to purchase and hold for steady investment income or provides for a developer to purchase and hold for short term, and develop later. The property is zone for multi-unit development. Current zoning allow for up to 6-8 unit condo (please verify with city). The property sits on an approximately 15,000 square feet of land with an approximately 2,900 square feet of building. The property is well maintained and is in excellent condition. All units have been recently updated. Seller has preliminary architectural drawing and plans for development, but the architectural drawing and plans are incomplete. Seller can provide all drawing and plans to buyer.
Interior Details
Fireplace Features: NoneInterior Features: Unfurnished
Levels: OneStories Total: 1

Exterior Details
Carport Spaces: 4.00Fencing: Blockwall, Chain Link, Wood
Garage Spaces: 0.00Lot Features: Lot 10000-19999 Sqft, Value In Land
Lot Size Acres: 0.3300Number Of Buildings: 2
Number Of Units Total: 4Parking Features: Assigned, Carport Detached
Parking Total: 4.00Pool Features: None
View: None

Community Information
County Or Parish: Los AngelesDirections: North of Mission Drive & South of Main Street
MLS Area Major: 654 - San GabrielParcel Number: 5346018005
Zoning: SLR2YY

Property Information From MLS Data
Year Built: 1948

Financial Information
Association Fee: 0

Utilities
Cooling: Wall WindowHeating: Floor Furnace, Wall Heater
Utilities: Sewer Connected, Water ConnectedWater Source: Public

Walk Score® for 329 Arroyo Drive
Schools near 329 Arroyo Drive
Listing courtesy of Thomas Theung, Coldwell Banker New Century

Information obtained from CACRMLS is current as of 10/17/2017 9:02 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.