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 n
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.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
7
Stories
—
Lot width
—
Lot depth
—
Lot size
7,502 Sq. Ft.
Year renovated
1962
Sq. Ft.
4,338
Year built
1962
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5775027012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 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
Interior
Heating & Cooling
Cooling: Wall/Window Unit
Multi-Unit Information
# of Units: 5
# of Units With Cooling: 5
# of Units With Range/Oven: 5
Annual Expense (Actual): $29,165
Net Operating Income (Actual): $60,265
Unit 1 Information
Unit Number: 1
# of Bedrooms: 2
# of Baths (Total): 2
Parking Garage Type: Assigned
Rent (Actual): $2,100
Unit 2 Information
Unit Number: 2
# of Bedrooms: 2
# of Baths (Total): 2
Unit 3 Information
Unit Number: 3
# of Bedrooms: 2
# of Baths (Total): 1
Rent (Actual): $1,200
Unit 4 Information
Unit Number: 4
# of Bedrooms: 1
# of Baths (Total): 1
Rent (Actual): $1,250
Exterior
Exterior Features
Construction: Stucco
Building Information
# of Buildings: 1
Year Built: 1962
Total Stories: 2
Roof: Composition
Property Information
Res Income 2-4 Units
Lot Information
Lot Size Source: Assessor Record
Curbs, Sidewalks
Utilities
Water Information
Meter on Property
Public facts
Beds: 8
Baths: 7.0
Sq. Ft.: 4,338
Stories: —
Lot Size: 7,502 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1962
County: Los Angeles County
APN: 5775027012
Home facts updated by county records on Aug 28, 2026
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
Local insights from Redfin agents
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