833 W Duarte RD Active

Arcadia,CA 91007

$ 5250000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRAR25135600

Year Built 1960

Lot Size 0.378 Acres

Source California Regional MLS

Property Description

Pride-of-ownership 12-unit Value-add in the heart of Arcadia, No Local Rent Control, Excellent unit mix, 2 ADUs Initial plan included, Arcadia School, Convenient location near Santa Anita Mall + Santa Anita Park, shopping + dining, groceries stores, medical offices, schools, library, etc. 833 W Duarte Rd, a Pride-of-ownership 12-unit value-add apartment in the heart of the City of Arcadia, California. There is no local rent control in Arcadia, thus providing maximum upside potential (under California AB1482 - up to 10% maximum annual rent increase). This property is located within the prestigious Arcadia Unified School District. It offers excellent demographics of ±$132,826 average household income within a mile radius! The sale includes initial drawing for 2 additional ADUs to be built above the carport area (not approved - buyer to continue the permitting process). The property is a well maintained 2 story garden style apartments with a center courtyard. The courtyard area used to be a swimming pool that had been filled up with permits. The property has a total of situated on a large 16,481 square feet lot and was built in 1960. It is a garden style two-story apartment with a center courtyard (there was a swimming pool that was filled in - with permits). The property offers

Location

State CA

County Los Angeles

Area 605 - Arcadia

Rooms

Kitchen Hood Over Range,Oven Range - Gas,Refrigerator

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Laundry Laundry Area,Washer/Dryer - Owned,Community Facility

Exterior

Parking Features Assigned Spaces,Detached Garage

Garage Spaces 15.0

Pool 31,None

View Hills,Local/Neighborhood

Roof Type Shingle

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 5783005035

Special Listing Condition Not Applicable

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