833 W Duarte Road Active

Arcadia,CA 91007

$ 5250000

- Bed

- Bath

8838 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,838 sqft

Price per Sqft $594

MLS Listing ID CRAR25135600

HOA Y/N No

Year Built 1960

Lot Size 0.378 Acres

Property Sub-Type Other

Source Datashare California Regional

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 offer

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate,Vinyl,Wood

Fireplace No

Laundry Common Area,Other

Exterior

View Mountain(s),Other

Building

Lot Description Level,Other

View More
Favorite Go Tour