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1548 New Avenue
USD 3,750,000
Property ID: 24368801
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1548 New Avenue ,91776
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icon 10406 SqFt
icon Built in 1960
icon USD 360/SqFt
icon 12 Beds
icon 10 Full
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Location Street View
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Interior Details
Bedrooms
12
Bathrooms
10
Interior Size
6244
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1960
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Detailed Introduction Of This Home
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. Three of the ten units will be delivered vacant at the close of escrow, opening up many possibilities for a new buyer to renovate and lease out those units according to their preference.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1548 New Avenue
USD 3,750,000 12 Beds
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