809 E Marshall Street, San Gabriel, California 91776, San Gabriel, 91776 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$1,095,000
809 E Marshall Street, San Gabriel, California 91776
4Beds
2Baths
1,663Sqft
8,917Lot
Price Vs. Estimate
The estimated value ($1,021,121.21) is $73,878.79 (6%) lower than the list price ($1,095,000). This property may be overpriced.
Key pros and cons
Top 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 = 8917, living area = 1663.
Top Cons:
Age and Condition: Built in 1921, the property is an older California bungalow, implying it likely requires extensive modernization and updates to meet contemporary living standards.
Compared to the nearby listings
Price:$1.09M vs avg $1.00M (+$95,000)65%
Size:1,663 sqft vs avg 1,382.5 sqft76%
Price/sqft:$658 vs avg $75038%
More Insights
Built in 1921 (104 years old).
Condition: Built in 1921, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchen features severely outdated wood cabinets, tile countertops, and older appliances, necessitating a complete renovation. The bathrooms are extremely dated with pink wall tiles, old fixtures, and exposed plumbing, also requiring a full gut renovation. Throughout the home, there are old, stained carpets and dated linoleum flooring. Light fixtures are basic and outdated. The listing description itself indicates the need to 'reimagine' and undergo 'extensive modernization and updates,' confirming that the property is not move-in ready and will require significant capital investment to meet contemporary living standards.
Year Built
1921
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$658
HOA
-
Days on market
-
Sold On
-
MLS number
25613581
Home ConditionPoor
Features
Patio
View-
About this home
Wonderful opportunity to reimagine this 1920 California bungalow! Located on a centrally located street in South San Gabriel Home this home features 4 bedrooms and 2 bathrooms on a flat nearly 9,000 sqft lot. With R-3 zoning it offers a lot of potential as multigenerational family home remodel with an ADU or multifamily investment property with potential lot split. Detached garage with workshop storage shed. Close to Alhambra, public transportation, the 10/60 freeways and mere blocks from vibrant Valley Blvd with numerous dining options, international supermarkets and retail shopping. Don't let this opportunity pass you by!
Price History
Date
Event
Price
10/05/67
Sold
$25,000
Condition Rating
Poor
Built in 1921, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchen features severely outdated wood cabinets, tile countertops, and older appliances, necessitating a complete renovation. The bathrooms are extremely dated with pink wall tiles, old fixtures, and exposed plumbing, also requiring a full gut renovation. Throughout the home, there are old, stained carpets and dated linoleum flooring. Light fixtures are basic and outdated. The listing description itself indicates the need to 'reimagine' and undergo 'extensive modernization and updates,' confirming that the property is not move-in ready and will require significant capital investment to meet contemporary living standards.
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 = 8917, living area = 1663.
Development Potential: The R-3 zoning combined with a nearly 9,000 sqft flat lot offers significant potential for an ADU, multifamily conversion, or lot split, appealing to investors and multi-generational families.
Generous Lot Size: A substantial 8,917 sqft flat lot provides ample space for expansion, landscaping, or additional dwelling units, a rare asset in urban areas.
Prime Location & Accessibility: Centrally located in South San Gabriel with excellent access to public transportation, the 10/60 freeways, and vibrant Valley Blvd's dining, shopping, and international supermarkets.
Versatile Investment Opportunity: The property presents a unique opportunity for various investment strategies, including a multi-generational family home remodel, ADU addition, or a multifamily development.
Functional Outbuildings: A detached garage with a workshop and storage shed adds practical utility and potential for conversion or additional usable space.
Cons
Age and Condition: Built in 1921, the property is an older California bungalow, implying it likely requires extensive modernization and updates to meet contemporary living standards.
Significant Renovation Required: The description 'reimagine this 1920 California bungalow' indicates that the property is not move-in ready and will necessitate substantial renovation and capital investment.
Lack of Modern Amenities: No specific modern upgrades or features are mentioned, suggesting potential for outdated systems (plumbing, electrical, HVAC) and interior finishes, leading to higher renovation costs.