$4,280,000
$4,388,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
0.43 Acres Lot
SOLD DATE : 03/24/2014
Key Details
Sold Price $4,280,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR14028026
Sold Date 03/24/14
HOA Y/N No
Year Built 1960
Tax Year 2012
Lot Size 0.433 Acres
Property Description
Centrally located in the prestigious City of Arcadia, this income property is located walking distance to a regional mall, shopping centers, Santa Anita Gold Course, Methodist Hospital, L.A. Arboretum, two Chinese supermarkets, restaurants, banks and bus stops. Built in 1960, the unit mix consists of ten (10) 1Bd/1Ba and six (6) 2Bd/1Ba units in two buildings with a total building size of 12,184 square feet on an 18,896 square foot lot. All units are large in size, very well maintained and easy to rent. The property also features a gated swimming pool within the community. Other features include large size patios or balconies, wall air conditioning and forced heat in every unit. All units also individually metered for gas and electricity. This 16 unit property also includes newly replaced roof and carport roof in 2011, newly repainted exterior in 2013, and replaced and upgraded copper plumbing throughout building in 2008. Other recent upgrades includes windows replaced with triple glazed windows in 2013, exterior fencing to vinyl in 2013, pool area renovations in 2008 and 2013, exterior lighting upgraded in 2013, and 6 units renovated in 2013.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Interior
Fireplace No
Exterior
Carport Spaces 6
Pool None
Community Features Street Lights
Total Parking Spaces 16
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Sewer Unknown
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 5783014013
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Jenny Ma • Long Dragon Realty Group, Inc