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903 Las Lomas Rd Duarte, CA 91010

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For Sale
$1,725,000

Residential income property featuring four detached homes on an expansive lot.

Lot size:
0.71 Acres

Property Features for 903 Las Lomas Rd

General Information

Property type
Investment
Standard status
Active
Lot size
0.71 Acres

Building Details

Year built
1957

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Listing Contact
Doug Meyer
Doug Meyer
Source: Elliman

Listing Agent: Doug Meyer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Four Homes on Oversized Lot

This residential income property features four detached homes situated on an oversized lot, presenting a versatile investment opportunity. Two of the homes have been recently remodeled, offering updated living spaces. The property is currently occupied by tenants on month-to-month leases, providing flexibility for potential investors or owner-occupants. The expansive lot size may offer possibilities for a lot split, additional Accessory Dwelling Units (ADUs), or other development opportunities, although buyers should verify these options independently. This property is suitable for investors seeking rental income, owner-users looking to reside in one home while renting out the others, or multigenerational living arrangements. The owner is open to 1031 exchange options.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Duarte
County
Los Angeles
State
California
Longitude
-117.9475633
Latitude
34.1424667

FAQs

What type of property is this?
Multifamily property - Residential income property featuring four detached homes on an expansive lot.
Where is this multifamily property located?
The property is located at 903 Las Lomas Rd Duarte, CA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: - Four detached homes on one oversized lot offer significant income potential.; - Two homes are recently remodeled, providing immediate rental appeal.; - Month-to-month tenants offer flexibility for investors or owner-occupants.
More about this property
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