Description
We are pleased to present for sale this 10 unit condo style apartment building in prime Arcadia. Offered for the first time ever on the market by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 1987 construction quality asset in a thriving rental market. Situated on a 15,954 square foot lot, the buildings are approximately 12,306 square feet and feature a unit mix of six 3 bedroom 2.5 bath units and four 2 bedroom 2 bath units. The property is extremely well parked with a total of 25 parking spaces: (10) 2 car garages and 5 additional open parking spaces. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups and separate meters for gas and electricity. The roofs were replaced in 2022 and each unit has its own balcony. Select units have been upgraded with wood flooring and countertops. The front and back units of each building have multiple balconies and there are two spacious storage rooms located at the rear of the property.
Location
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 25th March, 2023 4:31 PM (UTC)
Listing Agent: Benjamin J. Hsiang
Listing Office: Realty Investment Advisors, Inc.
