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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

135-139 W. Live Oak Avenue is a unique three-story, 17-separate parcel property newly built in 2016 with the ability to sell individually in the future. Centrally located with convenient access to the 210, 10, and 605 Freeways and connecting to all of Southern California, 135-139 W. Live Oak Avenue is situated between Las Tunas Drive and S. Santa Anita Avenue on two parcels of land. Totaling 35,371 square feet of land and a total building size of 32,801 square feet, the Property is comprised of 17 Spacious Two, Three, and Four bedroom layoutseach unit encompasses two and a half bathroom and average 1,929 square feet per unit. Surrounded by shopping centers and a highly-ranked restaurant culture, the Property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T14:29:29.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120255673
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135 W Live Oak Avenue Arcadia, CA 91007

  • Price: $15,500,000
  • Status: Active
  • Updated: 39 min ago
  • ID#: CV21175823
0
Beds
0
Baths
0
½ Baths
0.81
Acres
2016
Built
Neighborhood:
605 - Arcadia
County:
Los Angeles
Area:
605 - Arcadia
Property Description
135-139 W. Live Oak Avenue is a unique three-story, 17-separate parcel property newly built in 2016 with the ability to sell individually in the future. Centrally located with convenient access to the 210, 10, and 605 Freeways and connecting to all of Southern California, 135-139 W. Live Oak Avenue is situated between Las Tunas Drive and S. Santa Anita Avenue on two parcels of land. Totaling 35,371 square feet of land and a total building size of 32,801 square feet, the Property is comprised of 17 Spacious Two, Three, and Four bedroom layoutseach unit encompasses two and a half bathroom and average 1,929 square feet per unit. Surrounded by shopping centers and a highly-ranked restaurant culture, the Property is in a highly desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
Exterior Features

Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 17 Parking Total 17 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 1687 Fuel Expense 0 Garage YN Yes Gross Income 720516 Gross Scheduled Income 742800 Insurance Expense 6471 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 2700 Net Operating Income 487437 New Construction YN No New Taxes Expense 173795 Number Of Separate Gas Meters 17 Number Of Separate Water Meters 17 Operating Expense 233079 Other Expense 3400 Pest Control Expense 1200 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityWater Trash Expense 12121 Vacancy Allowance 22284 Water Sewer Expense 1687 Water Source Public Zoning Arcm*

Listing provided courtesy of Eric Chen of Cb Richard Ellis


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T14:29:29.19. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505