Skip To Content

8356 -8364 Sheffield Road

San Gabriel, CA 91775
  • $4,200,000
  • STATUS: Active Under Contract
  • ON SITE: 56 Days
  • MLS #: TR23013291
Under Contract
UPDATED: 240 min ago
$4,200,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Nicole Cao of Nicole Cao (626-688-726)


Description

Rare 7 units Detached PUD development opportunity in the highly sought-after North San Gabriel area. The Approved Tentative Map consists of four (4x) 2,310 SQF Detached home, and three (3x) 2,913 SQF Detached home, totaling approximately 18,000 SQF Gross Living Area on a huge 36,116 SQF flat land. Each home features 4 Bedroom, 4.5 Bathroom, meticulously designed for markets highest demand floor plan & size, and aiming for highest investment return. The propertys desirable location is just a short walk from the most coveted city of San Marino, the area offers abundant daily essentials, grocery stores, dining and entertainment amenities. Furthermore, this highly profitable project currently consists of 4 fully occupied and income generating single family homes. All tenants are courteous and always pay online even during pandemics. Investors may start construction at best market conditions without any financial pressure.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-23T00:28:41.777. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/136439868
Print Image

8356 -8364 Sheffield Road San Gabriel, CA 91775

  • Price: $4,200,000
  • Status: Active Under Contract
  • On Site: 56 Days
  • Updated: 240 min ago
  • MLS #: TR23013291
0
Beds
0
Baths
0
½ Baths
0.83
Acres
1964
Built
Neighborhood:
654 - San Gabriel
County:
Los Angeles
Area:
654 - San Gabriel
Property Description
Rare 7 units Detached PUD development opportunity in the highly sought-after North San Gabriel area. The Approved Tentative Map consists of four (4x) 2,310 SQF Detached home, and three (3x) 2,913 SQF Detached home, totaling approximately 18,000 SQF Gross Living Area on a huge 36,116 SQF flat land. Each home features 4 Bedroom, 4.5 Bathroom, meticulously designed for markets highest demand floor plan & size, and aiming for highest investment return. The propertys desirable location is just a short walk from the most coveted city of San Marino, the area offers abundant daily essentials, grocery stores, dining and entertainment amenities. Furthermore, this highly profitable project currently consists of 4 fully occupied and income generating single family homes. All tenants are courteous and always pay online even during pandemics. Investors may start construction at best market conditions without any financial pressure.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Central AirDual Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest Planned Development Community Features Street Lights Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 156000 Gross Scheduled Income 156000 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional1031 Exchange Net Operating Income 152280 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 3 Operating Expense 3180 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 780 Water Source Public Zoning Lcr1*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-23T00:28:41.777. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370858681-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370858681-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_370858681-1.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Nicole Cao of Nicole Cao (626-688-726)