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