Sold
1548 New Ave
San Gabriel CA, 91776
$3,400,000
$544.52 per sqft
Sold
12 Beds
10 Baths
6,244 sqft
Multi-family
Built in 1960
We are proud to present 1548 New Avenue, a 10-unit apartment building nestled in prime San Gabriel. Located just three lots from the intersection of Valley Blvd and New Avenue, this property offers unparalleled convenience, being directly across from 168 Market, CVS, Valley Square, and an array of amenities. Along Valley Blvd, you'll find the Hilton Hotel, 99 Ranch Market, San Gabriel Square, The Marketplace-Alhambra and an abundance of popular cafes, restaurants, and shops. Located in a high-density area with approximately 257,259 residents within a 3-mile radius, coupled with robust foreign capital investments, this offering presents a secure investment opportunity with substantial appreciation potential. Offered for the first time on the market since 1996 (28 years!), the property features (2) two-bedroom one-bathroom units and (8) one-bedroom one-bathroom units. Situated on a spacious 10,406 square foot lot zoned R3, the building was built in 1960 and is separately metered for both gas and electricity. Additionally, an on-site laundry room adds convenience for tenants. Benefiting from the highly sought-after San Gabriel schools, this property offers appeal to potential tenants and investors alike.
24-368801
MLSⓇ ID
March 15, 2024
Listed
August 23, 2024
Updated
Map
1548 New Ave
San Gabriel CA, 91776
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
10
Appliances
Range/Oven
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.24 Acres
Other Property Details
Area Name
San Gabriel
Days on Market
27
Association Amenities
None
Garage
No
Parking
Parking Space
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
SLR3YY
Listing History
Date | Event | Price |
---|---|---|
5/24/2024 | Sold | $3,400,000 |
4/11/2024 | Pending | — |
Listed by Benjamin J. Hsiang with Realty Investment Advisors, Inc.
Listing Contact: 424-377-6001
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024