0.51 Acres Lot
0.51 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID DW24244951
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1956
Lot Size 0.505 Acres
Property Description
Presenting a rare investment opportunity in the heart of Arcadia, this well-maintained 8-unit building is ideally located directly across from the highly sought-after Shops at Santa Anita, offering unmatched convenience and potential for strong rental demand. With a mix of spacious units, this property provides a steady income stream in one of the most desirable areas of the San Gabriel Valley.
4 x 2-Bedroom, 1-Bath Units – Each unit offers ample living space with comfortable bedrooms and well-appointed bathrooms, perfect for families or professionals.
4 x 1-Bedroom, 1-Bath Units – These units provide a cozy living environment with excellent amenities.
Prime Location – Situated just across the street from the upscale Shops at Santa Anita, tenants enjoy easy access to shopping, dining, entertainment, and public transportation, as well as proximity to major freeways and highly rated schools.
Strong Rental Potential – The desirable Arcadia location, combined with the property's well-maintained condition, ensures ongoing tenant interest and a reliable rental income.
Parking – Ample on-site parking for tenants, providing added convenience in this busy neighborhood.
Investment-Grade Property –
With its strategic location and versatile unit mix, this property offers both immediate cash flow and long-term growth potential. Don't miss out on the chance to secure this incredible investment in Arcadia.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARR1YY
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Common Area
Exterior
Parking Features Assigned, Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Suburban, Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 20
Private Pool No
Building
Lot Description 16-20 Units/Acre, Landscaped
Story 1
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5777026018
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, 1031 Exchange, Submit
Listing Terms Cash, 1031 Exchange, Submit
Special Listing Condition Standard, Trust
