5438 N Delta Street, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 1 bath

5438 N Delta Street, San Gabriel, California 91776 home-pic-0
ACTIVE$750,000
5438 N Delta Street, San Gabriel, California 91776
2Beds
1Bath
624Sqft
7,732Lot
Year Built
1928
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$1,202
HOA
-
Days on market
-
Sold On
-
MLS number
CV25100926
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,6 Pros. Rank: price - $750.0K(6th), sqft - 624(3th), beds - 2(26th), baths - 1(26th).

Investor Opportunity — Perfectly situated near shopping, entertainment and more... this property is in one of the area's most sought-after neighborhoods, close to a playground, and the highly regarded Roosevelt Elementary School is within walking distance. Investors... Don't miss out on this one!

Condition Rating
Poor

Built in 1928, this property is nearly a century old and is explicitly marketed as an 'Investor Opportunity,' strongly indicating a need for substantial rehabilitation. The absence of any mention of recent renovations, especially for key areas like the kitchen and bathroom, suggests these spaces are likely original or very dated, requiring complete overhauls. Based on the age and description, the property likely has outdated systems, fixtures, and finishes throughout, necessitating significant repairs and modernization to meet current living standards. The images, consistent with a property of this age and description, would show severely outdated kitchen appliances, cabinetry, and countertops, as well as old bathroom fixtures and tiling, all contributing to a condition that requires extensive work.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7732, living area = 624.
Prime Location: The property is situated in one of San Gabriel's most sought-after neighborhoods, offering convenient access to shopping, entertainment, and amenities.
Excellent School Proximity: The highly regarded Roosevelt Elementary School is within walking distance, a significant draw for families.
Family-Friendly Amenities: Its close proximity to a playground enhances its appeal for families with children.
Generous Lot Size: A substantial 7,732 sqft lot provides ample space for potential expansion, extensive landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Investor Opportunity: Explicitly marketed as an 'Investor Opportunity,' suggesting significant value-add potential through renovation, redevelopment, or maximizing the large lot.

Cons

Significant Overpricing: The list price of $750,000 is substantially higher than the estimated property value of $516,066, indicating a potential valuation mismatch of -31%.
Limited Living Space: With only 624 sqft, the property offers very small interior living space, which may be a constraint for many prospective buyers.
Advanced Age of Property: Built in 1928, the home is nearly a century old, likely requiring significant updates, repairs, or modernization to meet current market expectations and standards.

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