Alta Realty Group CA , Inc
Mike Beauregard, Realtor, Alta Realty Group CA , IncPhone: (858) 433-6869
Email: mike@mikebeauregard.com
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listing
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MultifamilyFor Sale
$5,995,000
10639 Lynrose Street
Temple City, CA 91780
Listing Provided Courtesy of Re/max 2000 Realty
MLS: San Diego Multiple Listing Service (SDMLS)
53,448Sq Ft
Est. Mortgage
$31,045/mo

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 and 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 main line and individual lines to each cottage, stylish new garage doors, upgraded appliances, and refreshed landscaping that enhances the propertys 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. It not only stands out for its current features and excellent conditUnique 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 and 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 main line and individual lines to each cottage, stylish new garage doors, upgraded appliances, and refreshed landscaping that enhances the propertys 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. It not only stands out for its current features and excellent condition but also holds possibilities for redevelopment. Prospective investors might consider converting the property into individual units for sale, 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.

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Listing Courtesy of Re/max 2000 Realty. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/16/2024 09:13 AM
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