EXTREMELY WELL MAINTAINED 5 UNIT APARTMENT COMPLEX IN A PRIME ARCADIA LOCALE. Current rents are all below market leaving tremendous upside for a new owner who has owned the building since 1984. The total gross income annually is currently at $89,430 and the potential with rent increases is $117,600 which would offer a 5% CAP rate. The numbers include profit on the leased laundry which is only calculated at $40 per month, additional units could be added. All units have been remodeled throughout including new flooring, crown and base moldings, updated kitchens, remodeled bathrooms and more. The buildings exterior is in excellent condition offering a brick skirting around the front, new dual paned windows, shutters, rain gutters, exterior lighting, a newer roof and manicured with professionally landscaped grounds. Five covered parking spots, each with personal storage spaces in front of the units and 3 uncovered parking spaces. Interior photos of the units are shown in the photo slideshow.
Multi-familyProperty Type
1962Year Built
7,566 sq ftLot Size
$431Price/Sq.Ft.
11 spacesParking
Listed by Nicholas Abbadessa•DRE #01398872• RE/MAX MASTERS REALTY
Bought with Marina Ramirez-Lomeli•DRE #01236771• Century 21 Excellence
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5775027012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Feb 24, 2026.
R-3
High Density Residential Zone
The R-3 zone is intended to provide areas for a variety of medium- to high-density residential development and accessory uses compatible with the residential use of the zone. Types of dwelling units include single-unit attached, townhomes, condominiums, and apartment structures at a density of 20 to 40 units per acre. This zone implements the General Plan High Density Residential designation.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Sports arena / stadium
Communications tower
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 6
# of Carport Spaces: 5
Assigned, Carport Attached
Has Parking
# of Parking Spaces: 11
Interior
Laundry Information
Has Laundry
Community, Individual Room
Kitchen Information
Appliances: Garbage Disposal
Has Appliances
Cooling Information
Wall Window
Has Cooling
Fireplace Information
Family Room
Has Fireplace
Flooring Information
Laminated, Tile
Heating Information
Wall Heater
Has Heating
Interior Features
Levels: Two
Window Features: Double Pane Windows
Unit Type 1 Information
Unit Key Numeric: 10441771
Listing Key Numeric: 332862265
Actual Rent: $2,100
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,100
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 10441772
Listing Key Numeric: 332862265
Actual Rent: $1,800
Total # of Baths: 2
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,800
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 332862265
Unit Key Numeric: 10441773
Actual Rent: $1,200
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,250
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 332862265
Unit Key Numeric: 10441774
Actual Rent: $1,250
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,250
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 10441775
Listing Key Numeric: 332862265
Actual Rent: $1,200
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,200
Total # of Units: 1
Expenses
Total: $29,165
Insurance: $3,000
Water Sewer: $150
Electric: $840
New Taxes: $23,735
Gardener: $1,440
Multi-Unit Information
# of Units With Range: 5
# of Units With Disposal: 5
Net Operating Income: $60,265
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 4,388
Gross Scheduled Income: $89,430
Gross Multiplier: 21.23
Gross Income: $89,430
Laundry Equipment Own or Lease: Lease
Laundry Income: $480
# Of Leased Units: 5
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 5
# Of Buildings: 1
# of Wall AC: 5
Exterior
Exterior Information
Roof: Composition
Fencing: Blockwall
Has Fence
Construction Materials: Stucco
Foundation Information
Foundation Details: Concrete Slab
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Landscaped, Lawn
Property Information
Total # of Units: 5
Common Walls: 2+ common walls
Parcel Number: 5775027012
Attached Property
Property Condition: Turnkey, Updated/Remodeled
Total # of Stories: 2
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Operating Expense: $29,165
Total Actual Rent: $88,800
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks
Location Information
Latitude: 34.14661000
Longitude: -118.03324000
Directions: Santa Anita to Wellman to Windsor
Road Frontage Type: Access via City Streets
Zoning: ARR3YY
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Los Angeles County
APN: 5775027012
Home facts updated by county records on Feb 24, 2026
Other
Listing Information
Days Active in MLS: 118
Continuous Days Active in MLS: 118
Listing Agent Information
List Agent First Name: NICK
List Agent Last Name: ABBADESSA
Listing Office Information
List Office Name: RE/MAX MASTERS REALTY
Selling Agent Information
Buyer Agent First Name: Marina
Buyer Agent Last Name: Ramirez-Lopez
Selling Office Information
Buyer Office Name: Century 21 Excellence
Around this home
Schools
Holly Avenue Elementary School
Public K-5 • Assigned • 1.6mi
8/10
First Avenue Middle School
Public 6-8 • Assigned • 0.7mi
8/10
Arcadia High School
Public 9-12 • Assigned • 1.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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