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1137-1139 Duarte Rd
Arcadia, CA 91007
Multifamily Property For Sale · 18 Units

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.65 AC
Building Size 15,049 SF
Average Occupancy 100%
No. Stories 2
Year Built 1958
Parking Ratio 1.59/1,000 SF
Zoning ARR3YY

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Double Pane Windows

Site Amenities

  • Pool

About 1137-1139 DUARTE RD , ARCADIA, CA 91007

Located in a highly desirable area of Arcadia, Realty Investment Advisors is proud to present 1137 W. Duarte Rd, a prime 18 unit investment opportunity! This well-maintained property has a great unit mix of 16 (sixteen) spacious 2 bedroom, 1 bathroom units and 2 (two) 1 bedroom, 1 bathroom units. With no rent control and current rents well below market, this offers an investor the opportunity to add value and increase the rental income. Other features include 20 covered on-site parking spaces & 4 uncovered spaces, a lot size over 28,000 square feet, a swimming pool, pitched roofs and neither structure requires soft-story retrofit! The excellent location is just a 5-minute walk to Ranch 99 Market, VONS grocery store and is a short drive to the bustling Westfield Santa Anita Mall. Arcadia is currently ranked as the second-best public school district in the County, making it a highly desirable rental city with a low vacancy rate due to stable family tenants. It still holds small-town charm while being within easy access to higher education institutions for students & large industries for working professionals.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 16 $1,478 -
1+1 2 $1,300 -

Property Taxes

Property Taxes

Parcel Number
5379-022-019
Land Assessment
$4,287,091
Improvements Assessment
$1,837,323
Total Assessment
$6,124,414
  • Listing ID: 15447444

  • Date on Market: 3/14/2019

  • Last Updated:

  • Address: 1137-1139 Duarte Rd, Arcadia, CA 91007

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