PENDING
1548 New Ave
San Gabriel, CA 91776
12 Beds
10 Baths
6,244 sqft
- 12 Beds
- 10 Baths
- 6,244 sqft
12 Beds
10 Baths
6,244 sqft
Local Information
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Commute Destination
Description
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.
Home Highlights
Parking
12 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$601
Listed
42 days ago
Home Details for 1548 New Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 10 |
Dimensions and Layout Living Area: 6244 Square Feet |
Appliances & Utilities Appliances: Range/Oven, Gas Water Heater |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Exterior Features |
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Exterior Home Features Other Structures: None |
Parking & Garage Open Parking Spaces: 12No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 12Parking: Parking Space |
Days on Market |
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Days on Market: 42 |
Property Information |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
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Price List Price: $3,750,000Price Per Sqft: $601 |
Status Change & Dates Off Market Date: Thu Apr 11 2024 |
Active Status |
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MLS Status: Pending |
Location |
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Direction & Address City: San Gabriel |
Agent Information |
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Listing Agent Listing ID: 24-368801 |
Building |
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Building Area Building Area: 6244 Square Feet |
Lot Information |
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Lot Area: 10410.84 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Gas, Electricity |
Rental |
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Owner Pays: Grounds Care, Water |
Miscellaneous |
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Mls Number: 24-368801 |
Additional Information |
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HOA Amenities: None |
Last check for updates: about 19 hours ago
Listing courtesy of Benjamin J. Hsiang DRE # 01438644, (424) 377-6001
Realty Investment Advisors, Inc.
Source: CLAW, MLS#24-368801
Price History for 1548 New Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/11/2024 | $3,750,000 | Pending | CLAW #24-368801 |
| 03/15/2024 | $3,750,000 | Listed For Sale | CLAW #24-368801 |
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Comparable Sales for 1548 New Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.62 | Multi-Family Home | $1,820,000 | 05/09/23 | 9 | 8 | 3,270 | |
0.27 | Multi-Family Home | $1,488,000 | 10/11/23 | 6 | 3 | 2,490 | |
0.75 | Multi-Family Home | $3,950,000 | 10/25/23 | 21 | 13 | 8,182 | |
0.87 | Multi-Family Home | $1,720,000 | 03/19/24 | 10 | 7 | 4,380 | |
0.91 | Multi-Family Home | $2,251,000 | 06/19/23 | 11 | 6 | 5,865 | |
0.19 | Multi-Family Home | $940,000 | 06/08/23 | 4 | 3 | 1,800 | |
1.03 | Multi-Family Home | $1,750,000 | 09/11/23 | 12 | 9 | 4,900 | |
1.24 | Multi-Family Home | $2,400,000 | 01/30/24 | 12 | 8 | 6,380 |
What Locals Say about San Gabriel
- Yu Z.
- Resident
- 3y ago
"I have been living here for more than 20 years. It is a very safe and peaceful area. Very convenient location with everything accessible. Great selection of restaurants for various types of good food, bars, supermarkets, shopping centers, libraries, parks, etc. It is a comfortable place to live. Good school! Friendly people! Best place I ever lived."
- Nayeli B. C.
- Visitor
- 3y ago
"Family neighborhood. Many shops and eateries. Old historic street nearby. Nice neighborhoods. Quiet, nice areas. "
- Claudia A.
- Resident
- 3y ago
"It’s distance and traffic. It takes a bit to get to a freeway. I work in OC, so traffic and distance is something I deal with daily."
- Angelasacoman73
- Resident
- 3y ago
"Easy access to Pasadena/San Marino neighborhoods and good access to 10 and 210 freeways to get beaches or mountains for a hiking."
- Matthew G.
- Resident
- 3y ago
"there is always people walking their dogs around and very friendly, no issues while walking and clean"
- Cessyna Y.
- Resident
- 3y ago
"Many people walk their dogs but not too many nice parks where we can walk our dogs. The closest big nice park is Lacy Park in San Marino. "
- Erica G.
- Resident
- 3y ago
"Everyone picks up their own dogs poop. All dogs are leashed. The city makes sure all dogs are licensed."
- Trulia User
- Resident
- 3y ago
"Nice place, good shopping. dog parks cool weather less than 30 minutes to LA. great place for walking dog safely on sidewalks "
- Dmarleneperez
- Resident
- 3y ago
"This neighborhood is okay. I’ve lived in better. This isn’t the place to grow a family. You don’t see much of kids. No holiday spirit. "
- King
- Resident
- 4y ago
"So many Chinese restaurants and they are the best you can get in America. Not a boring city if you live near Hawaii Supermarkets. You will mainly see Asian people. "
- Mjalcala5
- Resident
- 4y ago
"It’s an okay area. Not the best but it will do for now. Not much of a diversity of people here but I do not plan staying here forever. And the houses are about to break down. They’re like Shacks "
- Creger B.
- Resident
- 4y ago
"The drivers are terrible and drive too fast. Too many people have their dogs off leash and are on the phone not paying attention "
- Richettsp
- Resident
- 4y ago
"I see people walking their dogs everyday. There is no problem. I assumed dog owners like living in my neighborhood ."
- Yuri M.
- Resident
- 4y ago
"It’s in the middle of Pasadena, Rosemead, Temple City, Alhambra, San Marino, and El Monte. A very safe and quite city to live in."
- Euna J.
- Resident
- 4y ago
"I had my package stolen and it’s partially gated community. Community can be decent but right outside of this community can be quite sketchy. When I used to live in pasadena, I was always jogging at night, but now living here, I don’t feel safe to jog at night "
- Jessica L.
- Resident
- 4y ago
"Make sure your kids take advantage of the outdoors! It’s quiet and safe to play outdoors without supervision."
- Try L.
- Resident
- 4y ago
"The area is okay. Pockets of very family friendly areas, but also pockets of area where I would not allow my kids to walk through."
- Trulia User
- Resident
- 4y ago
"I live on a Main Street with constant traffic and often poor visibility when exiting the parking lot. There are businesses on all four corners one block away "
- Jessica L.
- Resident
- 4y ago
"There are many families here. The streets are safe and quiet. Great place to raise a family with lots of restaurants nearby. "
- Ange_hui
- Resident
- 4y ago
"Where I live is quite densely populated with many apartment and condominium complexes. Not very conducive to family living."
- David H.
- Resident
- 4y ago
"There could be more pet friendly shops and restaurants. But Theres plenty of parks and I do see plenty of people walking their dogs even alone at night. "
- David H.
- Resident
- 4y ago
"I work from home but frequent Downtown LA, Pasadena, Glendale, Burbank, Hollywood frequently. Can usually get to where I need to be in about 45 minutes even in heavy traffic. Considering some of these places are 30 miles away, it’s not that bad."
- Gabriela O.
- Resident
- 4y ago
"San Gabriel is a safe and pleasant neighborhood. It’s an enjoyable city. The neighborhood is quiet and safe."
- Robertfuentes626
- Resident
- 4y ago
"Dog owners never pick up after their dogs . That’s always poop on every corner of the side walks . I wish the dog owners can pick up after their dogs finish up. "
- Erika H.
- Resident
- 4y ago
"Some places still hold their charm of San Gabriel from years ago. It’s changed a lot but still a nice place for asian food, too. "
- SanGlove
- Resident
- 4y ago
"This place is awesome ...I plan on raising my kids here ...I'm Happy! My kids are getting a great education thanks to the best schools ."
- Amelia N.
- Resident
- 5y ago
"Lots of cultural events! Can get super festive. Good food specially Asian food. Peaceful clean neighborhood. "
- Mohammad
- Resident
- 5y ago
"Peaceful area, safe and quiet with minimum issues, best school system with access to hiking, malls, park and restaurants "
- Ryan H.
- Resident
- 5y ago
"San Gabriel is a great place to live. I would stay here but it’s just getting to expensive to rent. "
- Lizette7661
- Visitor
- 5y ago
"Very quiet neighborhood, I would love to live here if I was able to afford it, its very expensive now "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Benjamin J. Hsiang, Realty Investment Advisors, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1548 New Ave, San Gabriel, CA 91776 is a 12 bedroom, 10 bathroom, 6,244 sqft multi-family built in 1960. This property is currently available for sale and was listed by CLAW on Mar 15, 2024. The MLS # for this home is MLS# 24-368801.