Arcadia CA Multi Family for Sale
$2,280,000
28 Bonita Street Arcadia, CA 91006
- Type:
- Apartment
- Sq.Ft.:
- 3,660
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- WS24249825
ADDITIONAL INFORMATION
Presenting a rare opportunity to acquire a 6-unit multifamily property, ideally situated in the heart of Arcadia. This well-maintained asset comprises of all 1-bedroom units. These units offer approximately 3,660 square feet of rentable space on a generous 8,008 square foot lot. The property features a laundry facility, assigned garage parking spaces, and each unit is separately metered for gas and electricity. This property presents a unique value-add opportunity with substantial rental upside. Arcadia is not subject to local rent control, allowing for maximum allowable rent increases under California's AB1482 legislation. Additionally, there is potential to enhance rental income further through the addition of an accessory dwelling unit (ADU), subject to buyer. The property's prime location is a significant draw, being close proximity to The Shops at Santa Anita mall, supermarkets, golf course, restaurants, 210 freeway access, and the Monrovia Metrolink Station. The area boasts exceptional demographics, with an average household income exceeding $120,000 and a median home value approximately $1 million within a 1-mile radius. This sought-after location provides investors with the prospect of acquiring a lucrative multifamily asset poised to generate substantial cash flow while offering a hedge against inflation in the thriving city of Arcadia.
$2,888,800
135 Diamond Street Arcadia, CA 91006
- Type:
- Fourplex
- Sq.Ft.:
- 5,848
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1966
- Baths:
- MLS#:
- AR24212685
ADDITIONAL INFORMATION
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.
$2,100,000
25 Fano Street Arcadia, CA 91006
- Type:
- Triplex
- Sq.Ft.:
- 4,100
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- AR24212672
ADDITIONAL INFORMATION
3-unit Triplex 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 Mall, Race Track, and Arboretum. All units feature a 2-story floor plan with spacious bedrooms and recent upgrades. Unit A is approx. 1,305 rsf with 2 bed, 1.5 bath and its own 2 car garage. Laminated wood flooring throughout and new kitchen cooktop, garbage disposal, dishwasher, bathroom sink faucet, and shower head/faucet. Unit B is approx. 1,273 rsf with 2 bed, 1.5 bath and its own 2 open car spaces. Laminated wood flooring first floor and carpet upstairs. Unit C is approx. 1,522 rsf with 3 bed, 2 bath and its own 2 car garage. Laminated wood flooring first floor and carpet upstairs. New water heater, oven and range, and bathroom sink faucet/shower head. Total approx. 4,100 sq ft, Lot size approx. 8,365 sq ft. Beautiful and large front yard, middle courtyard, and backyard with vegetation/fruits that adds to the property aesthetic and charm. Each tenant has their own laundry hookups. 3 separate electricity meters. Each unit has their own water heater. 2 Car Garages with 2 spaces each and 2 Open Parking spaces. 6 total parking spaces.
$1,950,000
1114 6TH Arcadia, CA 91006
- Type:
- Single Family
- Sq.Ft.:
- 2,256
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.52 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- WS24120558
ADDITIONAL INFORMATION
Investors the opportunities , move in add-on Excellent location, estate sized property, award winning schools, lovingly maintained home, guest house, workshops, and tons of potential! or develop. Rare huge lot with 22450 sf in Arcadia school district in the city of Arcadia. It is a duplex. Land is flat and rectangular shaped. The front house has 3 bedrooms and 2 baths. One fireplace in living room. Separate laundry room. Central heating and air condition. The rear one has 2 bedroom and one bath. New heating and cooling equipment installed indoors. Washing and dryer installed outside. The total living area is 2156 sf. In February 2024 the owner Completely renovated both units, both units have new refrigerators and new stoves, the stove in the front unit uses electricity and the stove in the back unit uses gas . Detached garage with workshop. Another workshop with storage area and covered porch. The city can approve to build a single house with 9000 sf and an" ADU " WITH 1000 sf on this lot. Wonderful opportunity. The property is to be sold in its present AS-IS Condition. We recommend Buyer, buyer's agent to verify the square footage, permits and conditions of the property. It is at very good location . Very Convenient to Arcadia Mall, supermarkets, restaurants, library and schools.
Arcadia Real Estate
The median home value in Arcadia, CA is $1,274,600. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Arcadia, CA is $1,274,600. Approximately 54.28% of Arcadia homes are owned, compared to 36.77% rented, while 8.95% are vacant. Arcadia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Arcadia real estate agent to arrange a tour today!
Arcadia, California 91006 has a population of 56,697. Arcadia 91006 is less family-centric than the surrounding county with 29.66% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Arcadia, California 91006 is $99,588. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Arcadia 91006 is 42.5 years.
Arcadia Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 46.6 degrees. The average rainfall is approximately 16.3 inches per year, with 0 inches of snow per year.