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Listed by Tony Regazzi • Keller Williams Rlty Whittier
$3,100,000
Est. payment /mo
7,432 SqFt
Active Under Contract
309 South Baldwin Avenue Arcadia, CA 91007
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UPDATED:
12/19/2024 10:47 AM
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 7,432 sqft
Price per Sqft $417
MLS Listing ID DW-24244951
Year Built 1956
Lot Size 0.505 Acres
Property Description
Prime Investment Opportunity: 8-Unit Building in Arcadia Presenting a rare investment opportunity in the heart of Arcadia, this well-maintained 8-unit building is ideally located directly across from the highly sought-after Shops at Santa Anita, offering unmatched convenience and potential for strong rental demand. With a mix of spacious units, this property provides a steady income stream in one of the most desirable areas of the San Gabriel Valley. 4 x 2-Bedroom, 1-Bath Units - Each unit offers ample living space with comfortable bedrooms and well-appointed bathrooms, perfect for families or professionals. 4 x 1-Bedroom, 1-Bath Units - These units provide a cozy living environment with excellent amenities. Prime Location - Situated just across the street from the upscale Shops at Santa Anita, tenants enjoy easy access to shopping, dining, entertainment, and public transportation, as well as proximity to major freeways and highly rated schools. Strong Rental Potential - The desirable Arcadia location, combined with the property's well-maintained condition, ensures ongoing tenant interest and a reliable rental income. Parking - Ample on-site parking for tenants, providing added convenience in this busy neighborhood. Investment-Grade Property - With its strategic location and versatile unit mix, this property offers both immediate cash flow and long-term growth potential. Don't miss out on the chance to secure this incredible investment in Arcadia.
Location
State CA
County Los Angeles
Zoning ARR1YY
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Type Living Room
Laundry Common Area
Exterior
Parking Features Garage, Assigned
Garage Spaces 8.0
Pool None
Community Features Sidewalks, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected
View Y/N No
View None
Building
Lot Description Landscaped, Lot 20000-39999 Sqft, 16-20 Units/Acre
Sewer Public Sewer