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601 Windsor Rd
Arcadia, CA 91007
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,388 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2010 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Zoning | ARR3YY | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,388 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2010 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | ARR3YY |
AMENITIES
UNIT AMENITIES
- Disposal
- Ceiling Fans
- Kitchen
- Oven
- Tub/Shower
- Carpet
- Breakfast Nook
- Family Room
- Lawn
- Smoke Free
ABOUT 601 WINDSOR RD , ARCADIA, CA 91007
EXTREMELY WELL MAINTAINED 5 UNIT APARTMENT COMPLEX IN A PRIME ARCADIA LOCALE. Current rents are all below market leaving tremendous upside for a new owner who has owned the building since 1984. The total gross income annually is currently at $89,430 and the potential with rent increases is $117600 which would offer a 5% CAP rate. The numbers include profit on the leased laundry which is only calculated at $40 per month, additional units could be added. All units have been remodeled throughout including new flooring, crown and base moldings, updated kitchens, remodeled bathrooms and more. The buildings exterior is in excellent condition offering a brick skirting around the front, new dual paned windows, shutters, rain gutters, exterior lighting, a newer roof and manicured with professionally landscaped grounds. Five covered parking spots, each with personal storage spaces in front of the units and 3 uncovered parking spaces. Interior photos of the units are shown in the photo slideshow.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $1,300 | - |
| 1+1 | 2 | $1,300 | - |
| 2+2 | 2 | $1,950 | - |
PROPERTY TAXES
| Parcel Number | 5775-027-012 | Improvements Assessment | $632,496 |
| Land Assessment | $1,475,829 | Total Assessment | $2,108,325 |
PROPERTY TAXES
