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Benjamin J. Hsiang
Realty Investment Advisors, Inc.
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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.
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Total Bedrooms : 12
Total Baths: 10
Full Baths: 0
Half Baths: 0
Wall Furnace
Has Heating
Year Built: 1960
Building Area Total: 6,244
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2389
Lot Size Source: Assessor
Lot Size Square Feet: 10406
Original List Price: 3,750,000
Listing Contract Date: 2024-03-15
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5360014011
Garage Description: One Space
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Pending
Source Neighborhood: 654 - San Gabriel
Postal Code Plus 4: 3427
Directions: North of Valley Blvd
Zoning: SLR3YY
Source Property Type: Residential Income
Area: 654 - San Gabriel
Property Age: 64
Year Built Source: Vendor Enhanced
Total Square Feet Living: 6244
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
328 E Live Oak Street #5, San Gabriel, CA,91776 | $958,000 | 3 | 2 | 1,702 | 25377 Sqft |
5563 N Burton Avenue, San Gabriel, CA,91776 | $1,299,000 | 4 | 3 | 2,108 | 3127.8 Sqft |
857 Carillo Drive, San Gabriel, CA,91776 | $1,200,000 | 2 | 2 | 1,732 | 6471 Sqft |
857 Carillo Drive, San Gabriel, CA,91776 | $1,200,000 | 2 | 2 | 1,732 | 6471 Sqft |
409 E Grand Avenue, San Gabriel, CA,91776 | $2,373,100 | 6 | 5 | 3,500 | 8451 Sqft |
917 S Ramona Street, San Gabriel, CA,91776 | $1,850,000 | 4 | 4 | 2,715 | 7500 Sqft |
1232 S San Gabriel Boul.., San Gabriel, CA,91776 | $7,999,999 | -- | -- | 12,441 | 16545 Sqft |
5323 N Delta Street, San Gabriel, CA,91776 | $949,000 | 2 | 1 | 922 | 7544 Sqft |
5558 N Charlotte Avenue, San Gabriel, CA,91776 | $1,698,800 | 5 | 3 | 2,977 | 7375 Sqft |
1420 Palm Avenue #E, San Gabriel, CA,91776 | $856,000 | 3 | 2 | 1,622 | 33311 Sqft |
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ByOwner last updated this listing 04/27/2024 @ 20:59
MLS: 24368801
LISTED BY: Benjamin J. Hsiang, Realty Investment Advisors, Inc.
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.