137 Loftus Drive, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 1 bath
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San Gabriel, California 91776
Analysis of 137 Loftus Drive, San Gabriel, California 91776 is currently available with a list price of $769,900. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Gabriel Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1948 and over 75 years old with no evidence of renovation, this 670 sqft structure is in dilapidated condition with weathered siding and makeshift repairs. The listing explicitly markets the property as a development opportunity for its massive 28,266 SF R3-zoned lot, indicating the value is almost entirely in the land.
The expansive 28,266 SF lot with R3 zoning provides a rare and lucrative opportunity for multi-unit development or significant expansion in a high-demand area.
Situated on a quiet cul-de-sac in the heart of San Gabriel, the property offers a peaceful residential setting while remaining close to top-tier schools, shopping, and major freeways.
With a competitive entry price for the land size, this property offers tremendous potential for ADU additions or a complete redevelopment project to maximize market value.
The existing 670-square-foot home is exceptionally small for the lot size, likely requiring a full rebuild or major expansion to be functional for modern buyers.
Built in 1948, the original structure and its systems may require substantial updates or demolition, adding to the initial capital requirement for any non-developer buyer.
Great development opportunity in the heart of San Gabriel Valley! Situated on an expansive approximately 28,266 SF R3-zoned lot, this property offers endless potential for investors, developers, or owner-users looking to expand or build multiple units (buyer to verify with city). The existing home features 2 bedrooms and 1 bathroom with a functional layout and abundant possibilities for renovation or redevelopment. Located on a quiet cul-de-sac street in a prime San Gabriel location, close to shopping, restaurants, schools, transportation, and major freeways. Rare oversized lot with tremendous upside potential for ADU additions, multi-unit development, or creating your dream project. A unique opportunity in a highly desirable neighborhood with strong growth and demand!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 670 | 1,484 | 7% |
| Lot Size | 28,266 | 6,748 | 93% |
| Price | $769.9K | $1.03M | 7% |
| Price per sq ft | $1.1K | $728 | 89% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 108 | 4% |
May 18, 2026
$769,900
Initial Listing
Aug 8, 2024
$715,500
Public Record
May 2, 2014
$360,003
Public Record