This 4-unit apartment, built in 1957, is located in a cul-de-sac in the prime areas of City of Arcadia on a 7,333 square feet lot and a total of 3,560 square feet living areas. The property features 2 two-bedroom/one bath units and 2 one-bedroom/one bath units. All unit has its own private patio, water heater, wood floor, double-paned windows and sliding doors, and wall-unit air-conditionings. Unit A was renovated and updated with central air in the bedrooms, and unit C was partially renovated with split air in bedroom. The complex also features well maintained landscaping, a new roof (2022), 4 covered carports, a guest parking space, a storage room, and a coin-operated laundry room. It's convenient location to the Westfield Santa Anita Shopping Center, markets, banks, restaurant, and the famed Arcadia public schools offers stability for both tenants and investors.
Multi-familyProperty Type
1957Year Built
7,333 sq ftLot Size
5 spacesParking
Listed by Li-Chwen Sy•DRE #00574402• Coldwell Banker Realty
Listed by Marianna Wu•DRE #00822989• Marianna Wu
Bought with Marina Ramirez-Lomeli•DRE #01236771• Century 21 Prime Time Realtors
Arcadia School District income opportunity. Well Located 4 unit apartment building minutes from the 210 Freeway, the Westfield Santa Anita Mall and Race Track. Each unit has it's own private patio. The building includes 2 one bedroom and 1 two bedroom apartments on the first floor and 1 second floor two bedroom apartment above the carports. Two of the 4 units have hardwood oak floors and all units have air conditioning 3 with wall air conditioners and the ground floor two bedroom unit has central air conditioning. There is a laundry room on the property and the equipment is owned by the property. Three of the units are month-to-month rents and 1 unit has a lease expiring in July of 2015. DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS.
CRMLS #P0-314033181
Dec 15, 2014
Sold
$1,278,000
Dec 11, 2014
Listing Removed
—
Nov 7, 2014
Listed
$1,250,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5783009016
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Last updated by owner on Jul 7, 2023.
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.
Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Cul-De-Sac
Property Information
Total # of Units: 4
Common Walls: No Common Walls
Parcel Number: 5783009016
Property Condition: Turnkey
Total # of Stories: 2
Year Built Source: Public Records
Financial
Lease / Rental Details
Operating Expense: $26,901
Other Expense Description: Property taxes
Other Income: $87,744
Tenant Pays: Cable TV, Phone, Gas, Electricity
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Golf Course, Park, Sidewalks
Location Information
Latitude: 34.12977100
Longitude: -118.05855900
Directions: South of Huntington Dr., West of Baldwin Ave.
Subdivision Name: Not Applicable
Zoning: ARR3YY
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Los Angeles County
APN: 5783009016
Home facts updated by county records on Jul 7, 2023
Other
Listing Information
Days Active in MLS: 97
Continuous Days Active in MLS: 97
Listing Agent Information
List Agent First Name: Li-Chwen
List Agent Last Name: Sy
Co-List Agent First Name: Marianna
Co-List Agent Last Name: Wu
Listing Office Information
List Office Name: Coldwell Banker Realty
Co-List Office Name: Marianna Wu
Selling Agent Information
Buyer Agent First Name: Marina
Buyer Agent Last Name: Ramirez-Lopez
Selling Office Information
Buyer Office Name: Century 21 Prime Time Realtors
Around this home
Schools
Hugo Reid Elementary School
Public K-5 • Assigned • 0.6mi
8/10
Foothills Middle School
Public 6-8 • Assigned • 2.5mi
9/10
Arcadia High School
Public 9-12 • Assigned • 1.3mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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