1548 New Avenue
San Gabriel, CA 91776
- – beds
- – baths
- – sqft
- 10,406 sqft lot
- 1960 build
- – on site
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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.
Listed By CRMLS_CA / Benjamin J. Hsiang / Realty Investment Advisors, Inc.
Last checked:
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Last updated May 24, 2024
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MLS# 24368801 —
The Building
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Year Built:1960
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New Construction:No
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Building Area Total:6244.00
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Total Number Of Units:10
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:North of Valley Blvd
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Latitude:34.08022500
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Longitude:-118.10781900
The Property
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Property Type:Residential Income
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Zoning:SLR3YY
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Lot Size Area:10406.0000
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Lot Size Acres:0.2389
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Lot Size SqFt:10406.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5360014011
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Parking Space
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Parking Spaces:12.00
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Uncovered Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/23/24
May 23, 2024
|
Sold | CRMLS_CA | $3,400,000 | -9.3% |
4/11/24
Apr 11, 2024
|
Pending | CRMLS_CA | $3,750,000 | |
3/15/24
Mar 15, 2024
|
Listed / Active | CRMLS_CA | $3,750,000 |