1044 Fairview Avenue

    Arcadia, CA 91007
    • $2,080,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: WS19088226
    UPDATED: 20 min ago
    $2,080,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,578
      SQFT
    • $454
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Great Arcadia investment opportunity available, offering excellent Arcadia schools. Situated on a 8,875 sqft R3 lot, the total building size is 4,578 square feet. It is conveniently located near parks, schools, restaurants, the race track and Santa Anita Mall, with easy access to the 210 freeway. There are 4 legal units with 8 parking spaces. Each unit has two spacious bedrooms, 1.5 bathrooms, a living room, dining area, kitchen and a cozy backyard. It features central air and heat. Two units were remodeled in 2014, the other two units in 2017. New windows and doors were installed for every unit in 2017. A communal laundry room also brings in some extra monthly income. It is fully occupied with wonderful tenants. This is definitely an amazing opportunity to invest in Arcadia property!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-24T19:36:33.78. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/93857314

    1044 Fairview Avenue Arcadia, CA 91007

    • Price: $2,080,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: WS19088226
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,578
    SQFT
    $454
    $/SQFT
    1965
    Built
    Neighborhood:
    605 - Arcadia
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    Great Arcadia investment opportunity available, offering excellent Arcadia schools. Situated on a 8,875 sqft R3 lot, the total building size is 4,578 square feet. It is conveniently located near parks, schools, restaurants, the race track and Santa Anita Mall, with easy access to the 210 freeway. There are 4 legal units with 8 parking spaces. Each unit has two spacious bedrooms, 1.5 bathrooms, a living room, dining area, kitchen and a cozy backyard. It features central air and heat. Two units were remodeled in 2014, the other two units in 2017. New windows and doors were installed for every unit in 2017. A communal laundry room also brings in some extra monthly income. It is fully occupied with wonderful tenants. This is definitely an amazing opportunity to invest in Arcadia property!
    Exterior Features

    Carport Spaces 4.00 Garage Spaces 0.00 Lot Features 0-1 Unit/AcreBack YardFront YardLandscapedSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedCarport Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved

    Interior Features

    Appliances DishwasherElectric CooktopRange HoodWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Flooring See RemarksTile Heating Central Heating YN Yes Laundry Features Common AreaIndividual Room Levels Two Room Type All Bedrooms Up

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 94800.00 Insurance Expense 1470.00 Land Lease YN No Laundry YN Yes Net Operating Income 71530.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 1 Operating Expense 23270.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Expenses 23270.00 Trash Expense 1780.00 Utilities Electricity AvailableSewer AvailableWater Available Water Sewer Expense 1320.00 Water Source Public Year Built Source Assessor Zoning Arr3yy

    Listing provided courtesy of Anita Lee of Re/Max Advanced Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-24T19:36:33.78. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024