$950,000

Exceptional development opportunity in the heart of San Gabriel! Situated on a generous 7,392 sq. ft. lot, this property presents outstanding potential for investors, builders, and buyers looking to create long-term value. The existing 1906 residence features 2 bedrooms and 1 bathroom and is ready for renovation, expansion, or redevelopment. Whether your vision is to modernize the current home, build an addition, or maximize the property's potential with an ADU, this lot provides the flexibility to explore multiple possibilities (subject to City approval). According to the seller, plans for an approximately 1,000 sq. ft. ADU have already been prepared and submitted, with City approval reportedly obtained. Buyers are encouraged to independently verify the status of all plans, permits, approvals, zoning requirements, and development possibilities with the City of San Gabriel. Located in a desirable neighborhood with convenient access to schools, shopping, dining, and transportation, this is a rare chance to secure a property with substantial upside in one of the San Gabriel Valley's most sought-after communities.