Marti Kilby, CRS

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$750,000 and Up

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8356 Sheffield Road
OTHER San Gabriel 91775

$4,200,000
2-4 Units 36,116 sq. ft.

Main Photo: Property for sale: 8356 Sheffield Road in San Gabriel
Photo 1: Property for sale: 8356 Sheffield Road in San Gabriel
Photo 2: Property for sale: 8356 Sheffield Road in San Gabriel
Photo 3: Property for sale: 8356 Sheffield Road in San Gabriel
Photo 4: Property for sale: 8356 Sheffield Road in San Gabriel
Photo 5: Property for sale: 8356 Sheffield Road in San Gabriel
Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
305861299
Rare 7 units Single Family House development opportunity in the highly sought-after North San Gabriel area. Approved Tentative Map consists four (4x) 2,310 SQF single family residences, and three (3x) 2,913 SQF single family residences, total of 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 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 4 fully occupied and income generating single family homes. All tenants are courteous and always pay online even during pandemics. Investor may start construction at best market condition without any financial pressure.
Total Floor Area:
36,116 sq. ft.
Lot Size:
0.83 acre(s)
Number of Buildings:
4
Number of Units:
4
Stories:
1 Story
Market Area:
OTHER
County:
LOS ANGELES
Home Owner Fees:
0.0
Mello Roos Fee:
851.0
Monthly Total Fees:
70.0
Annual expense actual:
3180
Gross scheduled income:
156000
Unit Number for Unit 1:
1
Bedrooms for Unit 1:
5
Number of bathrooms for Unit 1:
2
Total Rent for Unit 1:
39600.0
Unit Number for Unit 2:
2
Bedrooms for Unit 2:
3
Number of bathrooms for Unit 2:
2
Total Rent for Unit 2:
26160.0
Unit Number for Unit 3:
3
Bedrooms for Unit 3:
3
Number of bathrooms for Unit 3:
2
Total Rent for Unit 3:
27360.0
Rare 7 units Single Family House development opportunity in the highly sought-after North San Gabriel area. Approved Tentative Map consists four (4x) 2,310 SQF single family residences, and three (3x) 2,913 SQF single family residences, total of 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 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 4 fully occupied and income generating single family homes. All tenants are courteous and always pay online even during pandemics. Investor may start construction at best market condition without any financial pressure.
Directions:
Sheffield Road between San Gabriel Blvd & N Vista St
Cooling:
Central Forced Air
Pool:
N/K
Listing Type:
Exclusive Right (R)
Terms:
Cash, Conventional, Exchange
Assessments:
N/K
Parcel Number:
5375023018
  • Photo 1: Property for sale: 8356 Sheffield Road in San Gabriel
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Listed by Nicole Cao
Data was last updated January 31, 2023 at 03:10 PM (UTC)
Area Statistics
Listings on market:
2,130
Avg list price:
$975,000
Min list price:
$125,000
Max list price:
$31,500,000
Avg days on market:
126
Min days on market:
1
Max days on market:
2,577
Avg price per sq.ft.:
$147.81
These statistics are generated based on the current listing's property type and located in OTHER. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego Multiple Listing Service, Inc.