Active

10639 Lynrose Street

Temple City CA, 91780

$5,750,000


$594.01 per sqft

Active

9,680 sqft

Condo

Built in 1950

Listed by Kristopher German with RE/MAX 2000 REALTY 626-956-0188

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.

CV24065651

MLS ID

April 3, 2024

Listed

May 9, 2024

Updated

Map

10639 Lynrose Street
Temple City CA, 91780

Interior Features

Total Stories

1


Laundry Description

Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.23 Acres


Lot Features

6-10 Units/Acre, Cul-De-Sac, Lot Over 40000 Sqft


Sewer

Public Sewer

Other Property Details

Area Name

661 - Temple City


Days on Market

21


Garage

Yes


Garage Spaces

10


Parking Total

40


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

TCR17200*


Buyer Agency Compensation

2%

Listing Contact: 626-956-0188 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 1:39 PM UTC

 

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