8836 E Broadway, San Gabriel, CA 91776

$2,198,000

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List Price
$2,198,000
Status
ACTIVE
MLS#
CV26094707
Year Built
1930
Lot Size
21,402
Acres
0.49
Days on Market
87
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

Exceptional investment and redevelopment opportunity in unincorporated San Gabriel. Situated on an expansive 21,402 square foot lot, this property offers significant potential for expansion, repositioning, or long-term hold in a highly desirable area. What truly sets this property apart is the sheer size of the lot and its development potential. Investors and developers can explore options such as adding units or ADU's, reconfiguring the layout, or maximizing density (buyer to verify with county). Opportunities of this scale in this location are increasingly rare. Ideally positioned directly across from San Gabriel Academy, the property currently consists of four units: a front home featuring 2 bedrooms and 1 bathroom, a secondary 1 bedroom, 1 bathroom unit, and two additional detached rear units, each offering 2 bedrooms and 1 bathroom each. This versatile unit mix provides immediate income while allowing for future upside. The property benefits from a strong rental location with consistent demand and neighborhood stability. Whether you’re looking to expand your portfolio, unlock development potential, or secure a large land parcel in a prime San Gabriel location, this is a unique opportunity not to be missed

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$83,400
Operating Expense
37390

Listing courtesy of Listing Agent: Thomas Gibson (tommy@wrightassociated.com) from Listing Office: THE WRIGHT ASSOCIATED COMPANIES.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.