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Arcadia,CA 91006
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR24212685
HOA Y/N No
Year Built 1966
Lot Size 7,967 Sqft
Property Description
4-unit Quadruplex in the heart of Arcadia within a peaceful neighborhood and highly desirable location. Strong cash flow investment and great potential for additional rental income. Great investment opportunity right across from the award winning Arcadia High School, First Ave Middle School, Public Library, Santa Anita Park and Golf Course, and nearby the Mall, Race Track, and Arboretum. The property features a new roof built in 2019 and new water heater in 2024. All units enjoy spacious bedrooms and recent upgrades. Unit 1 is 1-story approx. 1,400 rsf with 3 bed, 2 bath. Includes its own private large front yard and side yard for enjoyment. Upgraded in 2018 with a new kitchen, granite countertops, oven/range, cabinets, bathroom sinks, window blinds, paint and laminate wood flooring/baseboard throughout the unit. The master suite features its own walk in closet and full bath. Unit 2 is 2-story approx. 1,200 rsf with 2 bed, 1.5 bath and its own large backyard. Laminate wood flooring first floor and carpet second floor. Unit 3 is 2-story approx. 1,450 rsf with 3 bed, 2 bath and its own balcony. With a wide and open floorplan connecting the living room, dining room, and kitchen, it is a favorite for those with a vision. Enjoy breakfast on the covered balcony or the nook next to the kitchen. The master suite boasts a walk in closet and an additional side closet to go along with a full bath. It includes its own private garage. Unit 4 is 2-story approx. 1,400 rsf with 2 bed, 2 bath and its own balcony ideal for a breakfast nook. Brand new wood flooring Dec 2024 throughout the unit. A spacious great room layout combining dining and living with large bedrooms. The master suite features its own full bath and closet. Total approx. 5,848 sq ft, Lot size approx. 7,968 sq ft. There is additional laundry income from the closed off laundry room. Each tenant pays their own electric meter and there's one common area electric meter that Owner pays. 5 electric meters total. Each tenant pays their own gas meter and one common area meter. 5 gas meters total. Tenant pays gas for cooking. Owner pays gas for water heater. One water meter that Owner pays. 6 Carport spaces, 1 private garage, and 1 open parking space. 8 total parking spaces.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARR3YY
Interior
Interior Features Balcony,Ceiling Fan(s),Granite Counters,Primary Suite,Walk-In Closet(s)
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Appliance Dishwasher,Gas Cooktop,Gas Oven,Water Heater
Laundry Common Area
Exterior
Garage Spaces 1.0
Carport Spaces 6
Garage Description 1.0
Fence Brick
Pool None
Community Features Biking,Golf,Park,Street Lights,Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N Yes
View Mountain(s),Trees/Woods
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Front Yard,Rectangular Lot,Street Level,Value In Land,Walkstreet
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5779002009
Energy Description 1575.0
Acceptable Financing Conventional,1031 Exchange
Listing Terms Conventional,1031 Exchange
Special Listing Condition Standard