8319 Frandsen Street, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 1 bath

8319 Frandsen Street, San Gabriel, California 91776 home-pic-0
ACTIVE$1,225,000
8319 Frandsen Street, San Gabriel, California 91776
2Beds
1Bath
858Sqft
10,754Lot

Price Vs. Estimate

The estimated value ($1,142,172.28) is $82,827.72 (6%) lower than the list price ($1,225,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in the desirable heart of San Gabriel, offering excellent neighborhood appeal and convenience.
Top Cons:
Limited Living Space & Age of Structure: The existing home is small at 858 sqft and built in 1941, suggesting potential for outdated interiors and limited modern amenities.

Compared to the nearby listings

Price:$1.23M vs avg $1.00M (+$225,000)85%
Size:858 sqft vs avg 1,376 sqft6%
Price/sqft:$1.4K vs avg $76697%

More Insights

Built in 1941 (84 years old).
Condition: Despite being built in 1941, this property has undergone a comprehensive and high-quality renovation, making it virtually new inside. The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. The bathroom is similarly updated with a new vanity, modern fixtures, and subway tile shower. New wood-look flooring and recessed lighting are found throughout the living areas and bedrooms. The exterior also shows recent updates with fresh paint and a new roof. All components appear new or virtually new, meeting current quality standards, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated home.
Year Built
1941
Close
-
List price
$1.23M
Original List price
$1.23M
Price/Sqft
$1,428
HOA
-
Days on market
-
Sold On
-
MLS number
25559549
Home ConditionExcellent
Features
Patio
View

About this home

Welcome to this beautiful neighborhood of San Gabriel. Located in the heart of San Gabriel ,move in ready ,we have a charming 3 bedroom, 2 bathroom home tile shows 2/1 buyer to do there own due diligence offers comfort and opportunity on a spacious lot in one of the city's most desirable neighborhoods . The layout and the large lot open the door to endless possibilities. you can built a Dwelling unit (ADU) or build a modern two-story residence (buyer to do their own due diligence). This property is ideal for homeowners with vision, developers ,investors. let's add this property to your portfolio as a rental property. Don't miss the rare opportunity to create your dream home or maximize value in a prime San Gabriel location . Opportunities like this are few and far between. Owner occupied no contingencies bonus if close by the end of the month . let's go.

Condition Rating
Excellent

Despite being built in 1941, this property has undergone a comprehensive and high-quality renovation, making it virtually new inside. The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. The bathroom is similarly updated with a new vanity, modern fixtures, and subway tile shower. New wood-look flooring and recessed lighting are found throughout the living areas and bedrooms. The exterior also shows recent updates with fresh paint and a new roof. All components appear new or virtually new, meeting current quality standards, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Prime Location: Situated in the desirable heart of San Gabriel, offering excellent neighborhood appeal and convenience.
Significant Lot Size & Development Potential: A spacious 10,754 sqft lot provides ample room for expansion, an ADU, or even a new build, catering to various development visions.
Versatile Investment Opportunity: Ideal for owner-occupants with vision, developers, or investors looking to add a rental property to their portfolio.
Move-in Ready Condition: The property is described as 'move-in ready,' allowing for immediate occupancy without major initial renovations.
Motivated Seller & Streamlined Closing: The seller is owner-occupied with no contingencies and offers a bonus for a quick close, indicating a potentially smooth and efficient transaction.

Cons

Limited Living Space & Age of Structure: The existing home is small at 858 sqft and built in 1941, suggesting potential for outdated interiors and limited modern amenities.
Inconsistent Bed/Bath Count: A discrepancy exists between the description (3 bed, 2 bath) and the structured data (2 bed, 1 bath), requiring buyer verification.
High Price Point for Existing Home: The list price of $1,225,000 is substantial for the current 858 sqft, 2-bed, 1-bath structure, implying the value is heavily weighted towards the land and future development, which may not appeal to all buyers.

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