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- LoopNet Team
8356 Sheffield Rd
San Gabriel, CA 91775
8356 -8364 Sheffield Rd, San Gabriel · Multifamily Property For Sale · 4 Units
Investment Highlights
- Rare 7 units Single Family House development opportunity in the highly sought-after North San Gabriel
- Currently consists 4 fully occupied and income generating single family homes
- Area offers abundant daily essentials, grocery stores, dining and entertainment amenities.
- Meticulously designed for market’s highest demand floor plan & size
- Desirable location just a short walk from most coveted city of San Marino
Executive Summary
***Under Contract*** 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 market’s highest demand floor plan & size, and aiming for highest investment return. The property’s 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.
PROPERTY FACTS
zoning
| Zoning Code | R-1*/R3 (Present zone R-1, proposed zone R-3. Land has been subdivided into 7 CC&Rs and the tentative tract approved, part of LA county Land.) |
| R-1*/R3 (Present zone R-1, proposed zone R-3. Land has been subdivided into 7 CC&Rs and the tentative tract approved, part of LA county Land.) |
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