$5,750,000

10639 Lynrose Street, Temple City 91780

20

Beds

10

Baths

53,448

Lot Size

10

# Of Units

Listing Agent
Kristopher German - RE/MAX 2000 REALTY

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.

Facts & Features

MLS® # CV24065651
Price $5,750,000
Bedrooms 20
Bathrooms 10.00
Lot Size 53,448
Year Built 1950
Type Residential Income
Sub-Type Apartment
Status Active
# Of Units 10

Community Information

Address 10639 Lynrose Street
Area 661 - Temple City
City Temple City
County Los Angeles
Zip Code 91780

Amenities

Parking Spaces 40
# of Garages 10
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1
Stories One

Exterior

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

Additional Information

Date Listed April 3rd, 2024
Days on Market 31
Zoning TCR17200*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKristopher German
OfficeRE/MAX 2000 REALTY

Listing Map

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