$2,388,888
A truly rare opportunity to own one of San Gabriel's most unique and versatile properties, ideally located within the highly acclaimed Temple City Unified School District. Situated on nearly 1/2 acre, this exceptional property features 4 separate residences totaling approximately 5,300 square feet, creating endless possibilities for owner-occupants, investors, multi-generational families, and developers alike. The property consists of a vacant and beautifully staged 4-bedroom, 2.5-bath 2400 sqft main residence, a 2-bedroom, 1.5-bath townhome, a 2-bedroom, 1-bath front residence, and a 1-bedroom, 1-bath middle residence. Three of the four residences are currently tenant occupied, providing immediate rental income, while the vacant main home offers the opportunity to move right in or select your own tenant. The additional residences have been tastefully updated with fresh paint, new flooring, and remodeled bathrooms, creating a turnkey investment with immediate income potential. The main residence is filled with warmth and character, showcasing spacious living areas, distinctive architectural details, dramatic brick fireplaces, an inviting indoor conversation area centered around a suspended fireplace, and generous entertaining spaces that are seldom found in today's homes. The expansive lot provides excellent separation between the residences, abundant parking, and a private, estate-like setting rarely found in this desirable San Gabriel neighborhood. Whether you're a first-time buyer looking to offset your mortgage with rental income, a VA buyer seeking to maximize the benefits of owner-occupied financing, an investor searching for multiple income-producing units, or a buyer looking to create a true multi-generational family estate, this property offers flexibility that is nearly impossible to duplicate. The nearly half-acre parcel also offers exciting long-term potential. A similar neighboring property, once improved, was redeveloped into four newly constructed single-family homes, showcasing the area's strong redevelopment activity (Buyers should verify zoning and development possibilities with the City of San Gabriel).Properties offering this combination of immediate rental income, owner-occupant flexibility, substantial land value, & long-term upside rarely come to market. Whether your vision is to live, invest, build, or create a legacy property for generations to come, this remarkable San Gabriel property presents an opportunity unlike any other.
IG26141285
MLS
9123 E Fairview, San Gabriel