5716 N Charlotte Avenue, San Gabriel, California 91775, San Gabriel, 91775 - 6 bed, 4 bath
ACTIVE$1,430,000
5716 N Charlotte Avenue, San Gabriel, California 91775
6Beds
4Baths
3,364Sqft
7,424Lot
Year Built
1954
Close
-
List price
$1.43M
Original List price
$1.63M
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
P1-23352
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.43M(50th), sqft - 3364(89th), beds - 6(78th), baths - 4(89th).
4-plex in perfect location in San Gabriel. Easy access to public transportation. and San Gabriel Country Club. Units are in very good condition. All have been upgraded with granite counters, dual pane windows, laminate floors, new ranges and mini-split heat exchange systems for low-cost heating and cooling. Newer roof. Three units are ground level, one is upstairs. Each unit has assigned car port with additional parking on street. Tenants pay electric and gas, separately metered.
Price History
Date
Event
Price
12/10/25
Price Change
$1,430,000-4.6%
10/29/25
Price Change
$1,499,000-5.1%
09/12/25
Price Change
$1,580,000-3.1%
07/21/25
Listing
$1,630,000
Condition Rating
Good
Despite being built in 1954, the property has undergone extensive renovations as stated in the description, including granite counters, dual pane windows, laminate flooring, new ranges, and mini-split heat exchange systems for heating and cooling, along with a newer roof. The images confirm these upgrades, showing modern kitchen cabinets, stainless steel appliances, and updated bathrooms (though one bathroom appears more recently updated than the other). The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Strong Income Potential: As a 4-plex (quadruplex), the property offers multiple rental income streams, providing a robust investment opportunity in the San Gabriel market.
Extensive Unit Upgrades: All units have been significantly upgraded with granite counters, dual pane windows, laminate floors, and new ranges, enhancing tenant appeal and reducing immediate renovation costs for a new owner.
Energy Efficiency & Low Operating Costs: The inclusion of mini-split heat exchange systems for heating and cooling, combined with separately metered electric and gas, ensures lower utility costs for tenants and potentially higher net operating income for the owner.
Well-Maintained Condition: Units are described as being in 'very good condition' and the property boasts a 'newer roof,' suggesting a well-cared-for asset with reduced immediate capital expenditure needs.
Prime Location & Accessibility: Situated in a 'perfect location in San Gabriel' with easy access to public transportation and the San Gabriel Country Club, making it highly attractive to potential tenants.
Cons
Property Age: Built in 1954, the underlying structure and core systems (e.g., plumbing, electrical beyond mini-splits) are older, which may lead to unforeseen maintenance or capital expenditure requirements in the long term.
Significant Price Reductions: The property has undergone multiple price reductions from an original list price of $1.63M to the current $1.43M, which could indicate initial overpricing or market resistance, potentially affecting perceived value or time on market.
Limited Exterior/Common Area Details: While unit interiors are upgraded and the roof is newer, the description lacks specific details on the condition or upgrades of the exterior, landscaping, or common areas, which could represent future maintenance liabilities.