1031 Prospect
Property Overview
$75,600/yr potential gross income. Rare owner-user opportunity with income potential in the desirable San Gabriel Village neighborhood. Based on Seller source: approximately 2,420 square feet of usable space consisting of a 3bd/2ba main residence (1,400 sqft), 1bd/1ba enclosed patio conversion area (700 sqft), and detached 1bd/1ba granny flat (320 sqft). Public records reflect 4bd, 2ba at 1,634 sqft. Buyer to independently verify square footage, permits, uses, and legal status of all improvements. Whether used for extended family, multigenerational living, guest accommodations, a home office, or supplemental income, the additional living areas provide flexibility that is difficult to find in today's market. Conveniently located near San Gabriel High School, Almansor Park, and the popular Valley Boulevard dining and shopping corridor. A unique opportunity to enjoy homeownership while offsetting housing expenses with rental income. Main House: $3,300/mon | Enclosed Patio: $1,700/mon | Granny Flat: $0.00 ($1,300 in the past)
Home Details
- Property type
- ResidentialIncome - SingleFamilyResidence
- Year built
- 1941
- Lot size
- 7,626 sq ft
- Parking
- 2 spaces
- Garage
- 2 spaces
- Stories
- 1
- Days on market
- 11
- MLS status
- Active
Features & Amenities
Interior
- All Bedrooms Down
- Bedroom On Main Level
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- None
Utilities
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1031 Prospect
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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