407 W Norwood Pl

San Gabriel CA 91776

10002 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Rare investment opportunity in the heart of the San Gabriel Valley! This income-producing triplex sits on a large R3-zoned lot and features an excellent unit mix with one 3-bedroom, 1-bath front house and two 1-bedroom, 1-bath rear units. The front 3BD/1BA unit and one rear 1BD/1BA unit are currently vacant, providing immediate owner-occupancy or the opportunity to lease at current market rents, while the remaining rear unit is tenant occupied and generating rental income. The spacious lot offers outstanding long-term potential for redevelopment or future expansion or ADU (Buyer to verify with the City of San Gabriel). Ideally located near supermarkets, restaurants, shopping centers, schools, parks, public transportation, and major freeways, this property offers convenience, strong rental demand, and exceptional upside. Whether you're an investor seeking stable cash flow, a 1031 exchange buyer, or an owner-occupant looking to offset your mortgage with rental income, this versatile property is a rare find in one of the San Gabriel Valley's most desirable locations.