$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 AVE San Gabriel, CA 91776
2,704 SqFt
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,704 sqft
Price per Sqft $536
MLS Listing ID WS23203917
Sold Date 01/02/24
HOA Y/N No
Year Built 1950
Lot Size 0.347 Acres
Acres 0.3472
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 aware that an offer may be subject to interior inspection.
Location
State CA
County Los Angeles
Area 654 - San Gabriel
Zoning SLR1*
Rooms
Ensuite Laundry Inside, In Garage, Laundry Room
Interior
Interior Features Ceiling Fan(s), Dry Bar, Recessed Lighting, Storage, Tile Counters
Laundry Location Inside,In Garage,Laundry Room
Heating Baseboard, Forced Air
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Appliance Built-In Range, Disposal, Gas Range, Water Heater
Laundry Inside, In Garage, Laundry Room
Exterior
Garage Assigned, Concrete, Covered, Detached Carport, Driveway Level, Driveway, Garage, On Site, Oversized, Private, One Space, Side By Side
Garage Spaces 4.0
Carport Spaces 2
Garage Description 4.0
Fence Brick, Good Condition, Wood
Pool None
Community Features Biking, Curbs, Park, Street Lights, Sidewalks, Urban
Utilities Available Sewer Connected
Parking Type Assigned, Concrete, Covered, Detached Carport, Driveway Level, Driveway, Garage, On Site, Oversized, Private, One Space, Side By Side
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinklers On Side, Street Level, Yard
Story 1
Foundation Raised, Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5387035004
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with JASON WEI • RE/MAX PREMIER/ARCADIA
GUIDE SoCal
Broker | License ID: DRE#01976964