• 10639 Lynrose Street Temple City, CA 91780

  • $5,750,000
  • 0
    Bed(s)
  • 0
    Baths
  • 9,680
    Sq Ft
  • 53448
    Sqft
  • Listed By: Kristopher German, RE/MAX 2000 REALTY, DRE #01800021
  • Source: CRMLS

Unique trophy asset located in the heart of the San Gabriel Valley! This property has been meticulously maintained and upgraded, reflecting a high standard of care and investment. The current owners have spared no expense in its upkeep, resulting in a property that is in top-notch condition. The property comprises ten 2-bedroom/1-bathroom single-story cottages, with a total rental square footage of 9,680 SqFt and a total lot size of 53,448 SqFt offering privacy and space. Every unit has its own front and back yards, creating a comfortable and spacious environment. Its exclusive location on a private cul-de-sac provides an unrivaled level of privacy and seclusion for residents. The property is equipped with a range of modern amenities, including; garage parking, and central air conditioning & heating systems, enhancing the overall living experience. A notable aspect of this property is the extensive remodeling undertaken in eight out of ten units, which includes; modernized kitchens and bathrooms, a comprehensive plumbing overhaul with new copper plumbing, updated electrical systems and subpanels, new central A/C systems, replacement of the water mainline and individual lines to each cottage, stylish new garage doors, upgraded appliances, and refreshed landscaping that enhances the property's curb appeal. The utilities are separately metered for electricity and gas, and there's potential for separately metering water as well. Moreover, this property presents significant investment and development potential. Prospective investors might consider re-development of the lot given its size, subject to necessary verifications and approvals from city authorities. This opportunity makes it an ideal choice for investors seeking a lucrative venture in a prime location.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

Sell a home like this and save $344,501 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1950

Building Area Total: 9,680

Pool Features

None

Laundry Features

Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 1.227

Lot Size Source: Assessor

Lot Size Square Feet: 53448

Listing Price Information

Original List Price: 5,750,000

Listing Contract Date: 2024-04-03

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 8586009025

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: 661 - Temple City

Postal Code Plus 4: 2841

Directions: South of I-210, West of I-605; Near the Intersection of El Monte Ave & Lynrose St

Zoning: TCR17200*

Source Property Type: Residential Income

Area: 661 - Temple City

Property SubType: Apartment

Building and Construction

Property Age: 74

Common Walls: No Common Walls

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5827 Oak Avenue, Temple City, CA,91780 $1,699,777 5 3 2,906 9178 Sqft
4847 Fratus Drive, Temple City, CA,91780 $828,000 3 1 1,149 6141 Sqft
10606 Hallwood Drive, Temple City, CA,91780 $1,164,888 3 2 1,553 5001 Sqft
9918 Bogue Street, Temple City, CA,91780 $1,398,000 4 2 1,815 6860 Sqft
5582 Temple City Boulev.., Temple City, CA,91780 $768,000 3 2 1,343 88125 Sqft
6234 Temple City Boulev.., Temple City, CA,91780 $1,690,000 4 4 2,776 8115 Sqft
6234 Temple City Boulev.., Temple City, CA,91780 $1,690,000 5 4 2,776 8115 Sqft
5211 Mcclintock Avenue, Temple City, CA,91780 $1,680,000 4 3 2,396 12893 Sqft
6346 Barela Avenue, Temple City, CA,91780 $1,180,000 4 3 1,421 6206 Sqft
5417 El Monte Avenue, Temple City, CA,91780 $1,250,000 3 2 1,748 6781 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/06/2024 @ 23:47

MLS: CV24065651
LISTED BY: Kristopher German, RE/MAX 2000 REALTY
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $344,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion