335 Willow Avenue, La Puente, California 91746, La Puente, 91746 - 5 bed, 3 bath

335 Willow Avenue, La Puente, California 91746 home-pic-0
ACTIVE$1,698,000
335 Willow Avenue, La Puente, California 91746
5Beds
3Baths
2,849Sqft
41,452Lot
Year Built
1951
Close
-
List price
$1.7M
Original List price
$1.78M
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
TR25186813
Home ConditionPoor
Features
Good View: Trees/Woods
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros.

Location ! Location ! Location ! Rare building opportunity for up to 15 separate residences in the San Gabriel Valley. Perfect for Contractors, Builder Development and Investors. The front house is three bedrooms and two bathrooms (Current Rent $3,000), and the back house is two bedrooms and one bathroom (Current Rent $1,825). The large lot is approximately 0.95 acres,, 41,444 square feet. It was previously approved for 5 individual parcels. It’s is conveniently located north of a large church property and west of a vocational school on the border of the City of Industry. The property may be an ideal location for creative planning such as home health care, congregal living or other use depending on city approval. The original plans are still valid as the building code has not changed since they were approved. Preliminary discussions with La Puente City planners indicates the property is now eligible for up to fifteen separate residences in the form of five single-family homes (SFR), five junior additional dwelling units (JADU), and five additional dwelling units (ADU). Prefabricated modular materials and traditional construction products may be approved by the city. Approved plan and design has been expired. It has two addresses : 335 Willow and 335 1/2 Willow Ave.Tenants Occupied so Drive By Only!!!Please do not disturb tenants.Thank you!

Price History

Date
Event
Price
11/21/25
Price Change
$1,698,000-4.6%
08/19/25
Listing
$1,780,000
Condition Rating
Poor

The property was built in 1951, making the existing structures over 70 years old. While currently tenant-occupied and generating income, the listing explicitly highlights the 'Age of Existing Structures' as a weakness, noting it 'may necessitate significant renovation costs or demolition expenses' for redevelopment. The 'drive-by only' policy and complete absence of interior images for the kitchen, bathrooms, or other living spaces strongly suggest that the interior condition is not a selling point and is likely very outdated, worn, and in need of substantial repairs and rehabilitation to meet modern standards. The property's value is clearly centered on its redevelopment potential rather than the condition of the existing homes.
Pros & Cons

Pros

Significant Development Potential: The property offers a rare building opportunity for up to 15 separate residences (5 SFR, 5 JADU, 5 ADU), indicating substantial future value for developers and investors.
Large Lot Size: An expansive lot of approximately 0.95 acres (41,444 square feet) provides ample space for multi-unit development and creative planning.
Existing Rental Income: Two existing units generate a combined current rental income of $4,825 per month, offering immediate cash flow and helping to offset holding costs.
Strategic Location: Conveniently located in the San Gabriel Valley, bordering the City of Industry, which suggests potential for high demand and accessibility.
Versatile Use Potential: Beyond traditional residential development, the property is identified as suitable for creative planning such as home health care or congregal living, subject to city approval.

Cons

Expired Development Plans: The previously approved plan and design have expired, meaning a new approval process will be required, which can add significant time and cost to any development project.
Tenant Occupancy & Restricted Access: The property is tenant-occupied with a 'drive-by only' policy, severely limiting buyer due diligence, interior inspections, and potentially complicating the sale and future development timeline.
Age of Existing Structures: Built in 1951, the existing duplex is older, which may necessitate significant renovation costs or demolition expenses if the site is to be redeveloped.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state