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$3,100,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
12/19/2024 05:12 AM
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRDW24244951
Originating Board California Regional MLS
Year Built 1956
Lot Size 0.505 Acres
Property Description
Prime Investment Opportunity: 8-Unit Building in Arcadia Presenting a rare investment opportunity in the heart of Arcadia, this well-maintained 8-unit building is ideally located directly across from the highly sought-after Shops at Santa Anita, offering unmatched convenience and potential for strong rental demand. With a mix of spacious units, this property provides a steady income stream in one of the most desirable areas of the San Gabriel Valley. 4 x 2-Bedroom, 1-Bath Units - Each unit offers ample living space with comfortable bedrooms and well-appointed bathrooms, perfect for families or professionals. 4 x 1-Bedroom, 1-Bath Units - These units provide a cozy living environment with excellent amenities. Prime Location - Situated just across the street from the upscale Shops at Santa Anita, tenants enjoy easy access to shopping, dining, entertainment, and public transportation, as well as proximity to major freeways and highly rated schools. Strong Rental Potential - The desirable Arcadia location, combined with the property's well-maintained condition, ensures ongoing tenant interest and a reliable rental income. Parking - Ample on-site parking for tenants, providing added convenience in this busy neighborhood. Investment-Grade Property - With its strategic lo
Location
State CA
County Los Angeles
Area 605 - Arcadia
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 20.0
Pool 31, None
View None
Roof Type Composition
Building
Water District - Public
Others
Tax ID 5777026018
Special Listing Condition Not Applicable , Accepting Backups
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Listed by Tony Regazzi • Keller Williams Rlty Whittier