9123 E Fairview, San Gabriel, CA 91775

$2,388,888

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List Agent Matthew Hilliard () Navigate Real Estate, Inc.; CoList ()

List Price
$2,388,888
Status
ACTIVE
MLS#
IG26141285
Year Built
1952
Lot Size
21,035
Lot Location
Back Yard, Front Yard, Lawn, Landscaped, Rectangular Lot, Street Level, Yard
Days on Market
23
Property Type
Multifamily
Style
Ranch
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

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.

Additional Information

Appliances
Gas Oven, Water Heater
Pool Description
None
Fireplace Description
Decorative, Family Room
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Exterior Construction
Stucco
Roof
Composition, Flat
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.