1803 S Charlotte Avenue, San Gabriel, California 91776, San Gabriel, 91776 - 2 bed, 2 bath

1803 S Charlotte Avenue, San Gabriel, California 91776 home-pic-0
ACTIVE UNDER CONTRACT$1,180,000
1803 S Charlotte Avenue, San Gabriel, California 91776
2Beds
2Baths
1,196Sqft
11,458Lot
Year Built
1938
Close
-
List price
$1.18M
Original List price
$1.28M
Price/Sqft
$987
HOA
-
Days on market
-
Sold On
-
MLS number
WS25153450
Home ConditionTear down
Features
View-

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.18M(79th), sqft - 1196(29th), beds - 2(26th), baths - 2(50th).

1803 S Charlotte Ave is a classic single-story California bungalow built in 1938, situated on a spacious and flat 11,458 sq ft rectangular lot. With 2 bedrooms and 2 bathrooms, the home enjoys excellent natural light and a functional layout. The property holds tremendous potential for redevelopment or investment for JADU (Junior Accessory Dwelling Unit), constructing a detached ADU (Accessory Dwelling Unit, custom rebuilding or conversion into a multi-unit income-generating property. With nearby amenities, a well-established neighborhood, and strong demand in the area, this is a highly versatile investment opportunity. Located in the heart of San Gabriel, the home is within only minutes away to public transit and the bustling Valley Blvd commercial corridor. Easy access to the 10 and 60 freeways offers convenient connectivity to greater Los Angeles, making daily commuting and lifestyle access exceptionally convenie

Price History

Date
Event
Price
08/08/25
Price Change
$1,180,000
07/09/25
Listing
$1,280,000
Condition Rating
Tear down

Built in 1938, this property shows no evidence of major renovations in the past 50 years. The exterior images depict a neglected structure with an unkempt yard, consistent with a property whose value lies primarily in its land. The listing description explicitly highlights 'tremendous potential for redevelopment or investment for JADU... ADU... custom rebuilding or conversion into a multi-unit income-generating property,' indicating the existing structure is likely considered a tear-down for its highest and best use. Without interior photos, it's inferred that the kitchen and bathrooms, along with other systems, are original or severely outdated, requiring complete replacement.
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 = 11458, living area = 1196.
Expansive Lot Size: A generous 11,458 sq ft flat, rectangular lot offers significant outdoor space and substantial development potential.
High Redevelopment Potential: The property is explicitly highlighted for its potential for JADU, ADU, custom rebuilding, or conversion into a multi-unit income-generating property.
Prime San Gabriel Location: Located in the heart of San Gabriel, offering excellent access to public transit, the bustling Valley Blvd commercial corridor, and major freeways (10 & 60).
Abundant Natural Light & Functional Layout: The home benefits from excellent natural light and a practical, well-designed interior flow, enhancing livability.
Strong Neighborhood Demand: Situated in a well-established neighborhood with strong demand in the area, indicating a stable and potentially appreciating market.

Cons

Age of Construction: Built in 1938, the property is an older home that may require significant updates to systems, finishes, and overall modernization to meet contemporary standards.
Modest Interior Square Footage: At 1,196 sq ft, the interior living space is relatively small for a 2-bedroom home, especially given the large lot, which might necessitate expansion for some buyers.
Recent Price Adjustment: A recent price reduction from $1.28M to $1.18M could suggest initial overpricing or a need to stimulate buyer interest in the current market.

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