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938 E Sandra Ave 4 Unit Apartment Building $3,380,000 ($845,000/Unit) Arcadia, CA 91006
Investment Highlights
- RARE FIND! Exceptional 4-unit investment opportunity!
- Turnkey income property features a thoughtfully designed, versatile unit mix.
- Ideally situated in a residential neighborhood surrounded by newer developments and convenient to shopping, dining, parks, and transportation.
- Ideal combination of modern construction, strong potential, and long-term investment value.
- Significant recent capital improvements include new utility infrastructure, energy-efficient systems, and more.
Executive Summary
RARE FIND! Exceptional 4-unit investment opportunity! Featuring three BRAND NEW 2026 construction residences plus a beautifully updated detached single-family home. Offering the ideal combination of modern construction, strong potential, and long-term investment value. This turnkey income property features a thoughtfully designed, versatile mix consisting of 3 newly 2026 built homes including a spacious 4 bed / 3 bath unit, a 2 bed / 2 bath unit, and a standalone ADU with 1 bedroom / 1 bath, along with an updated detached 2 bed / 1 bath single-family residence. New buildings are equipped with solar panels, fire sprinkler systems, individual gas and electric meters, and an upgraded master water meter. Significant recent capital improvements include new utility infrastructure, energy-efficient systems, new concrete flatwork and more. These valuable upgrades provide streamlined utility management and enhance long-term operational efficiency. Located in Arcadia on a fenced lot with two entrances within the Monrovia School District. Ideally situated in a residential neighborhood surrounded by newer developments and convenient to shopping, dining, parks, and transportation. This exceptional property offers outstanding flexibility for investors seeking a high-quality rental portfolio or owner-occupants looking to live in one residence while generating income from the remaining units. A rare, flexible, and compelling asset in one of the San Gabriel Valley's most sought-after locations with long-term appreciation and potential.
Property Facts
| Price | $3,380,000 | Building Class | B |
| Price Per Unit | $845,000 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 3,112 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | ||
| Zoning | LCRA* - Low Density Residential | ||
| Price | $3,380,000 |
| Price Per Unit | $845,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 3,112 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | LCRA* - Low Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,500 | 696 |
| 4+3 | 1 | $3,000 | 1,358 |
| 2+2 | 1 | $2,500 | 638 |
| 1+1 | 1 | $2,200 | 420 |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5791-034-008 | Improvements Assessment | $89,500 |
| Land Assessment | $628,500 | Total Assessment | $718,000 |
Property Taxes
Parcel Number
5791-034-008
Land Assessment
$628,500
Improvements Assessment
$89,500
Total Assessment
$718,000
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938 E Sandra Ave