521 E Live Oak Ave | Arcadia, CA 91006
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521 E Live Oak Ave
Arcadia, CA 91006
13-Turnkey Arcadia, NO Local Rent Control · Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Excellent location in Arcadia nearby Arcadia Golf Course and minutes to Santa Anita Mall; Located within the Arcadia School District
- Turnkey investment with attractive CAP Rate and Proforma CAP Rate; Perfect 1031 exchange property
- Beautifully upgraded Pride-Of-Ownership gated apartment community, Extremely attractive garden style apartment with excellent curb appeal
- Approved Plan for 2 ADU units comes with the sale (each ADU sized approximately ±725 sf)
- Long-term hold property in an excellent area with very HIGH home-ownership rates (less chance of local rent control being implemented)
- Nearby many new PUD developments (LENNAR, KB HOME, etc.) and newer custom homes development
PROPERTY FACTS
| No. Units | 13 | Building Size | 8,640 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2022 |
| Building Class | C | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 0.41 AC | ||
| Zoning | ARR3YY - Limited Density Multiple Residence | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 8,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2022 |
| Parking Ratio | 1.97/1,000 SF |
| Zoning | ARR3YY - Limited Density Multiple Residence |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 800 - 1,000 |
| 1+1 | 9 | - | 600 - 800 |
PROPERTY TAXES
| Parcel Number | 5790-030-016 | Improvements Assessment | $1,235,595 |
| Land Assessment | $2,883,057 | Total Assessment | $4,118,652 |
PROPERTY TAXES
Parcel Number
5790-030-016
Land Assessment
$2,883,057
Improvements Assessment
$1,235,595
Total Assessment
$4,118,652
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