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Key Details
Sold Price $1,920,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR20175183
Sold Date 05/13/21
HOA Y/N No
Year Built 1977
Lot Size 9,583 Sqft
Acres 0.22
Property Description
419 California Street, a 4-unit Semi value-add, partially upgraded apartment in the City of Arcadia, California. The property is located within the award-winning Arcadia School District. It is 100% vacant and offers rare opportunity for buyer to set their own rent rates, or possibly do condo conversions. The property is a large 4,004 square foot building and situated on a large 9,265 square feet lot. It offers excellent unit mix with 2 x 2bedrooms and 2 x 1bedroom units. Built in 1977, the property has been extensively upgraded in the past 24 months. Two of the units have been fully upgraded with high-end upgrades. Each unit has central A/C and heating (4 new HVAC units) and separately metered for electricity and gas.
Each unit is large with an estimated size of 1,000 square foot (buyer to verify). The 2 upstairs units have undergone top-down renovation with new central A/C and heat, new luxury wood flooring, new quartz kitchen countertops and new kitchen cabinets, in-unit washer and dryer, new bathtub complete with tiled bathroom with luxury tile backsplash, new sliding barn doors pantry, and so much more. Ground floor units have large private backyard, and 2nd floor units have small private patios.
There are 8 parking spaces which are provided by a detached carport in the back and an open space in front. The property does not require any soft story retrofit.
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARR3*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Pool None
Community Features Suburban, Valley
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description Level, Rectangular Lot, Value In Land
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5773016005
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Nazee Rix • COMPASS