Sold
Closed
1548 New Avenue
San Gabriel CA, 91776
$3,400,000
$544.52 per sqft
Sold
Closed
12 Beds
10 Baths
6,244 sqft
Residential
Built in 1960
Listed by Benjamin J. Hsiang with Realty Investment Advisors, Inc. 424-377-6001
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.
24368801
MLSⓇ ID
March 15, 2024
Listed
November 22, 2024
Updated
Map
1548 New Avenue
San Gabriel CA, 91776
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
10
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.24 Acres
Other Property Details
Area Name
654 - San Gabriel
Days on Market
27
Garage
No
Parking
One 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 | — |
Listing Contact:
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Data last updated on 11/22/2024 at 5:45 PM UTC