A perfect investment property! This 10-unit condo-style apartment building is an extremely rare opportunity for an investor in prime Arcadia. It's acquired a 1987 construction quality asset in a thriving rental market. Situated on a 15,954 square foot lot, the buildings are approximately 12,306 square feet and feature a unit mix of six 3 bedroom 2.5 bath units and four 2 bedroom 2 bath units. The property is extremely well parked with a total of 25 parking spaces: (10) 2 car garages and 5 additional open parking spaces. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups, and separate meters for gas and electricity. The roofs were replaced in 2022, and each unit has its own balcony. Select units have been upgraded with wood flooring and countertops. The front and back units have multiple balconies and two spacious storage rooms at the rear of the property. The 10 units come with steady rental income and can be converted into condominiums.
Investors the opportunities , move in add-on Excellent location, estate sized property, award winning schools, lovingly maintained home, guest house, workshops, and tons of potential! or develop. Rare huge lot with 22450 sf in Arcadia school district in the city of Arcadia. It is a duplex. Land is flat and rectangular shaped. The front house has 3 bedrooms and 2 baths. One fireplace in living room. Separate laundry room. Central heating and air condition. The rear one has 2 bedroom and one bath. New heating and cooling equipment installed indoors. Washing and dryer installed outside. The total living area is 2156 sf. In February 2024 the owner Completely renovated both units, both units have new refrigerators and new stoves, the stove in the front unit uses electricity and the stove in the back unit uses gas . Detached garage with workshop. Another workshop with storage area and covered porch. The city can approve to build a single house with 9000 sf and an" ADU " WITH 1000 sf on this lot. Wonderful opportunity. The property is to be sold in its present AS-IS Condition. We recommend Buyer, buyer's agent to verify the square footage, permits and conditions of the property. Seller is going to do 1031 exchange at buyer's no cost. It is at very good location . Very Convenient to Arcadia Mall, supermarkets, restaurants, library and schools.
Rae to find!!! Newly renovated multi-family home with brand new ADU and JADU in the most beautiful north Arcadia community, a quiet and tranquil residential neighborhood in the prestigious Arcadia School District. This property is great for owner to live in one and rent the others or hold as a long term rental only. Conveniently located close to shops and transportation, easy access to Fwy 210, this home consists of 4 units: 1x 3 bedroom/3 bathrooms, 1x 2 bedrooms/2 bathrooms, 2x 1 bedroom/ 1 bathroom, and it belongs to the top ranking Highland Oaks Elementary and Foothills Middle School.
Wonderful Regular Shape 21,113sqft Flat Lot in the Prime Area of Arcadia School Unified! Width 98ft x depth 218ft. Although the price is set for the land value, there are two units on the lot with two addresses- 620 & 622 E Longden. Separated trash accounts, separated gas and water with two meters each. All utilities are covered by the tenants. The front unit's rent is $2450 and the back unit's rent is $1900. Both tenants are very nice and always paid on time. Great location and close to everything, school, shops, park and etc. Developer and Investor Welcome!
Courtesy: POINTE REAL ESTATE INC.
Wonderful 4 Units Quadruplex in one of the best areas of Arcadia. Top School District, Great Location across from Santa Anita Park. Nice Building with Upgraded Units, 2 Car Parking Spots per unit, Community Laundry, Nice Curb Appeal, Gated Front Yard with Good Landscaping. Three Units have Large 2 Bedrooms with 1 Full Bath, and Owner Unit Consists of 3 Bedrooms, 2 Baths Den, Nice Size Kitchen and lots more. Good Size Living and Dining Room Area, Recent Updated Kitchens with Cooktop/Oven, Dishwasher, Walk In Cupboard, Lots of Cabinets, Granite Counters, Breakfast Area. Radiant Heat, Lots of Windows. Good Income with lots of upside rents for Great Investment, good cap rate for City of Arcadia. Note, property is now a probate listing. Drive By Only.
This is a wonderful Arcadia offering units. There are 3 buildings, Front is house 2BR,1BA has central air/heat. units A-E are townhouse style 2 story with 2BR, 1.5 BA each. Additional 5 units are 1BR, 1BA. 22 total parking spaces. On-site laundry room. Separate electric and gas meter for each unit. All units have their own water heater. Owner pays water, trash & gardener. Close to everything you need and desire, markets, shops, restaurants, banks, schools, parks, movie theaters, golf course, arboretum, public transportation, and 99 Ranch Market. Buyer to cooperate with the sellers in a 1031 exchange at no expense to the buyers.
PRICED TO SELL AT UNDER $505 PER SQUARE FOOT! CONDO COMPS ARE SELLING AROUND $600 PER SQUARE FOOT IN ARCADIA!! Offered for sale by the original owner/developer of the complex, this is an extremely rare opportunity for investors to acquire 7 residential units built in 2004 in prime Arcadia with multiple investment options. Option 1: Convert the units to condos and realize an immediate profit on a resale (Buyer to verify condo conversion possibilities with the city). Option 2: Implement a value-add strategy to increase rents to the market levels and enjoy higher cash flow. Option 3: Buy and hold for very predictable long-term appreciation. Six of the seven units are 3 bedroom 2.5 bath two-story townhouse style residences with access to their units from their own 2 car garage or private front yard. The 7th unit is a approximately 1,800 square feet, featuring 3 bedrooms and 2 bathrooms with an exceptionally spacious master suite. All units feature central a/c and heat, dishwashers, individual washer/dryer hookups and separate meters for gas and electricity. Select units have been upgraded with wood flooring and countertops. Situated on a 15,766 square foot lot, the total building is approximately 11,486 square feet and is extremely well parked with a total of 18 parking spaces: (8) 2 car garages, (1) single car garage and 1 additional open parking space.
Priced at 6% Proforma CAP Rate and Low Price/SF for the area, A Pride-of-Ownership value-add investment opportunity in the highly sought-after city of Arcadia (NO Local Rent Control). Offered at a high CAP Rate and 6% Proforma CAP Rate, this property is being offered for sale for the first time since 1986. The property is a garden style pride-of-ownership 2-story property with an excellent unit mix of mostly oversized 3bedrooms units and several large 1bedroom units. It is located within the highly desirable Temple City School District and surrounded by many newer townhouses and condominiums and offers an excellent demographics of ±$123,449 average household income within a mile radius! Tenants enjoy its proximity to Santa Anita Mall and Santa Anita Park and its walking distance to school, shopping, groceries, and other amenities both Arcadia and Temple City have to offer. The property has a total of 19,432 SF building size which translates to ±971sf average unit size, is situated on a large 30,379 square feet lot (R3 zoned) and was built in 1962. It has been very well maintained without any known deferred maintenance; it has a brand-new roof (replaced in 2021), well-manicured landscaping, fenced swimming pool, and security cameras system. It offers an excellent unit mix of ten (10) x 3bedroom+2bathroom, two (2) x 3bedroom+1bathroom, and eight (8) x large 1bedroom+1bathroom units. Each unit is large and bright with central heating, windows A/C, and ceiling fans. Some units have upgraded kitchen and upgraded bathroom. Four units have private patio, and two units have small private backyard. The property is separately metered for electricity and gas, has a master water heater, and shared laundry room (leased). There is a total of 30 parking spaces which are provided by 10 open spaces + 13 detached carport spaces + 7 tuck-under parking. There is an additional parking space that has been converted into the owner’s storage room and a 2nd storage room near the laundry area. The large lot provides clear opportunity for future development, condo conversions or for Additional Dwelling Units (ADU).
We are pleased to present the sale of 15 W Newman Avenue, an exquisite fourplex nestled in the heart of Arcadia. This property comprises of all two-bedroom, one-bath units, offering a unique opportunity for a buyer to live in one unit while having the other three tenants help pay your mortgage!! With a generous 3,401 square feet of living space on an expansive 8,665 square foot corner lot (R3 Zoning), the meticulously maintained lawn and landscaping enhance the property's curb appeal. There are a total of 5 parking spaces on property, including one uncovered spot and four garage spaces. Tenants benefit from the convenience of an on-site laundry facility, and there exists potential for additional income by converting some garages into Accessory Dwelling Units (ADUs) prospective buyers are advised to verify this possibility with the City. Immerse yourself in the charm of Arcadia living with this extraordinary property, a perfect combination of luxury, convenience, and investment potential. Additionally, a sister property is available at 16 W Newman Avenue, presenting another fourplex situated directly across the street.
We are pleased to present the sale of 16 W Newman Avenue, an exquisite fourplex nestled in the heart of Arcadia. This property comprises of all two-bedroom, one-bath units, offering a unique opportunity for a buyer to live in one unit while having the other three tenants help pay your mortgage!! With a generous 3,361 square feet of living space on an expansive 8,597 square foot corner lot (R3 Zoning), the meticulously maintained lawn and landscaping enhance the property's curb appeal. There are a total of 5 parking spaces on property, including one uncovered spot and four garage spaces. Tenants benefit from the convenience of an on-site laundry facility, and there exists potential for additional income by converting some garages into Accessory Dwelling Units (ADUs) prospective buyers are advised to verify this possibility with the City. Immerse yourself in the charm of Arcadia living with this extraordinary property, a perfect combination of luxury, convenience, and investment potential. Additionally, a sister property is available at 15 W Newman Avenue, presenting another fourplex situated directly across the street.
Comprised of two buildings built-in 1956 on an oversized 21,996 square foot R3-R lot, 309-311 South Baldwin Avenue is a single-story, eight-unit multifamily property with a total living area of 7,432 square feet. Spotted by a signature wishing well, and easily recognizable by residents and fellow investors in the area as a Karyn Jackson building, the meticulously maintained property is separately metered for gas and electric, and offers an on-site laundry facility and three large storage rooms. Parking is in the rear of the property with eight garages with storage bins and a minimum of six open spaces.309-311 South Baldwin Avenue boasts an excellent unit mix with four one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. The units are charming and spacious, with central air & heat, ample closet space, and private patios. Several units have been fully renovated, three units have fireplaces (309A, 309D & 311A), and all units have hardwood floors. PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS
Courtesy: Sunny Realty Group, Inc.
New Construction 5 Unit modern design Town House in Arcadia! Great location! This property is located in the city center of Acadia, Close to one of the world's top ten racetracks, shopping malls, Huntington botanical garden, golf courses, banks, parks, Chinese and Western supermarkets, schools, libraries, etc. Quiet neighborhood, very convenient for a primary residence or vacation living. 1228 has 5 Units, total 8,346 sqft. Beautiful floor plans range from 1,486-1,792 square feet per unit. All of these units are 3 beds 2.5 baths. Each Unit can be sold separately and has its own Lot#. With modern interior design and high-end materials from Europe, these townhouses are built by a team of exquisite craftsmen. There is shared elevator from the subterranean garage to ground level in a public area, also have electric car charging equipment in the Garage. This will be the best choice for your investment or residence! 1228# A: 1,792 sqft 3 Beds, 2.5 Baths 1228# B: 1,775 sqft 3 Beds, 2.5 Baths 1228# C: 1,775 sqft 3 Beds, 2.5 Baths 1228# D: 1,486 sqft 3 Beds, 2.5 Baths 1228# E: 1,518 sqft 3 Beds, 2.5 Baths
New Construction 5 Units modern design Town House in Arcadia! Great location! This property is located in the city center of Acadia, Close to one of the world's top ten racetracks, shopping malls, Huntington botanical garden, golf courses, banks, parks, Chinese and Western supermarkets, schools, libraries, etc. Quiet neighborhood, very convenient for a primary residence or vacation living. 1222 has 5 Units, total 9,443 sqft. Beautiful floor plans range from 1,757-2,320 square feet per unit. Also from 3 beds 2.5 baths to 4 beds 2.5 baths. Each Unit can be sold separately and has its own Lot#. With modern interior design and high-end materials from Europe, these townhouses are built by a team of exquisite craftsmen. There is shared elevator from the subterranean garage to ground level in a public area, also have electric car charging equipment in the Garage. This will be the best choice for your investment or residence! 1222# A: 2,320 sqft 4 Beds, 2.5 Baths 1222# B: 1,775 sqft 3 Beds, 2.5 Baths 1222# C: 1,757 sqft 3 Beds, 2.5 Baths 1222# D: 1,792 sqft 3 Beds, 2.5 Baths 1222# E: 1,799 sqft 3 Beds, 2.5 Baths
Back on the Market and ready for you!! Price reduced for fast sale!! Privately nestled on a spectacular tree lined street in the heart of Arcadia is this Single Story 2 bdr house on a generous sized lot (nearly 8000 square feet) with THREE DETACHED RENTAL UNITS on the back perimeter of the property built above and around a 4.5 Car Garage. Tremendous value in this location & in the city of Arcadia. Currently the house is rented on a month to month at below market rents for the time and the area. The Main house & one of the back one bedroom units were remodeled just a couple years ago(see pictures).This ONE-OF-A-KIND property has various options such as:1) It is perfect for a buyer that has an extended family who all want to live on the same property, or 2) As a home with monthly rental income from the rear units or 3) As a 4 unit income producing property. If you ever dreamed of owning a multi-unit property where you can live in one of the units while self-managing and collecting rent from the other units, this is right up your alley. The LOCATION is key with a very SHORT WALK to the shops & restaurants on Huntington Dr., the beautiful LA County park along Santa Anita Ave, & of course, a short walk to the Santa Anita Race Track. The location could not be more ideal being situated just below the beautiful Southern California snow capped mountains. One of the main benefits of Arcadia is & has always been renowned for its incredible SCHOOLS!!The remodeled units have newer paint (inside & out), newer pex flex plumbing in the back units, newer wood laminate flooring & newer carpet throughout, newer stainless steel kitchen appliances & garbage disposal. The Main house has a kitchen that is open to the formal dining area with built-in storage. There is a cozy & comfortable fireplace in the living room, all newer window coverings and ceiling fans. This ultra clean and peaceful property has lush landscaping with a gorgeous wrap around yard in between the home & the rental units Between the structures, there is a covered entertainment lounge area with a Bar B Que & chairs. For convenience, there is a community laundry room with coin op machines located on the ground level of the back structure. This is a perfect opportunity with numerous options for just the right family or investor. If you drive by, please do not disturb nor speak with the tenants. Please respect their privacy. Much appreciated!!Call your own agent to obtain more details from the listing agent.
Arcadia is located in California. Arcadia, California has a population of 58,156. Arcadia is more family-centric than the surrounding county with 36.42% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Arcadia, California is $90,666. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Arcadia is 43.9 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 21.8 inches per year, with 0 inches of snow per year.
