$6,100,000
$5,900,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
26 Beds
26 Baths
12,306 SqFt
SOLD DATE : 04/24/2023
Key Details
Sold Price $6,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,306 sqft
Price per Sqft $495
MLS Listing ID 23248245
Sold Date 04/24/23
Bedrooms 26
HOA Y/N No
Year Built 1987
Lot Size 0.366 Acres
Property Description
We are pleased to present for sale this 10 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire 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 of each building have multiple balconies and there are two spacious storage rooms located at the rear of the property.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARR3PH*
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher
Exterior
Parking Features Door-Multi, Garage, Guest
Garage Spaces 20.0
Garage Description 20.0
Total Parking Spaces 25
Building
Story 3
New Construction No
Others
Senior Community No
Tax ID 5773014039
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Realty Investment Advisors, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States