314-326 S 2nd Street

    Arcadia, CA 91006
    • $8,500,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: TR20056002
    $8,500,000
    • 0
      BEDS
    • 1.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,575
      SQFT
    • $583
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    A rare opportunity to acquire a 16-unit multi-family proeprty with 1.38 Arce lot size in prime Arcadia, California. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious all two bedroom units. The property is located at highly desirable neighborhood, surrounded by the residences with multi-million value, blooming new development nearby.. Walk-able to school, restaurants and Arcadia Park. With 1.38 Arce (60,085 Square Feet) lot size, it is rare opportunity to redevelop in a mature community with great school, great job opportunities and great living environment. Surrounded by high density development area, Downtown mix-use area, the property has many features not listed. Ideally for Builders. APN: 5779-004-025;026;027;208

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-01T00:24:48.25. 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, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/104183540

    314-326 S 2nd Street Arcadia, CA 91006

    • Price: $8,500,000
    • Status: Active
    • ID#: TR20056002
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.38
    Acres
    14,575
    SQFT
    $583
    $/SQFT
    1960
    Built
    Neighborhood:
    605 - Arcadia
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    A rare opportunity to acquire a 16-unit multi-family proeprty with 1.38 Arce lot size in prime Arcadia, California. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The spacious all two bedroom units. The property is located at highly desirable neighborhood, surrounded by the residences with multi-million value, blooming new development nearby.. Walk-able to school, restaurants and Arcadia Park. With 1.38 Arce (60,085 Square Feet) lot size, it is rare opportunity to redevelop in a mature community with great school, great job opportunities and great living environment. Surrounded by high density development area, Downtown mix-use area, the property has many features not listed. Ideally for Builders. APN: 5779-004-025;026;027;208
    Exterior Features

    Garage Spaces 0.00 Lot Features Lot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Gas Dryer HookupWasher Hookup

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Valley Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 220000.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 16 Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Operating Expense 0.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Olivia Zhao of Macroreal Inv Grp Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-01T00:24:48.25. 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, LA Harbor. Licensed in the State of California, USA.

     
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