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Property Description

Unique trophy asset located in the heart of the San Gabriel Valley! This property has been meticulously maintained and upgraded, reflecting a high standard of care and investment. The current owners have spared no expense in its upkeep, resulting in a property that is in top-notch condition. The property comprises ten 2-bedroom/1-bathroom single-story cottages, with a total rental square footage of 9,680 SqFt and a total lot size of 53,448 SqFt offering privacy and space. Every unit has its own front and back yards, creating a comfortable and spacious environment. Its exclusive location on a private cul-de-sac provides an unrivaled level of privacy and seclusion for residents. The property is equipped with a range of modern amenities, including; garage parking, and central air conditioning & heating systems, enhancing the overall living experience. A notable aspect of this property is the extensive remodeling undertaken in eight out of ten units, which includes; modernized kitchens and bathrooms, a comprehensive plumbing overhaul with new copper plumbing, updated electrical systems and subpanels, new central A/C systems, replacement of the water mainline and individual lines to each cottage, stylish new garage doors, upgraded appliances, and refreshed landscaping that enhances the property’s curb appeal. The utilities are separately metered for electricity and gas, and there’s potential for separately metering water as well. Moreover, this property presents significant investment and development potential. Prospective investors might consider re-development of the lot given its size, subject to necessary verifications and approvals from city authorities. This opportunity makes it an ideal choice for investors seeking a lucrative venture in a prime location.

Features
1
1
: Gas & Electric Dryer Hookup, Washer Hookup
0
: Curbs, Sidewalks, Gutters
Additional Information
RE/MAX 2000 REALTY
0
CV33418
51247
Kristopher
8586009025
: Standard
10
One
35

Multi-Family For Sale

10639 Lynrose Street, Temple City, California 91780

9,680 Sqft
$5,750,000
Listing ID #CV24065651
Basic Details
Status : Active
DaysOnMarket : 21
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : CV24065651
Price : $5,750,000
Living Area : 9,680 Sqft
Lot Size : 53,448 Sqft
Year Built : 1950
Country : US
State : California
County : Los Angeles
City : Temple City
Zipcode : 91780
Price Per Square Foot : $594
ModificationTimestamp : 2024-04-24 10:45:25
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