126 E Colorado Boulevard Active

Arcadia,CA 91006

$ 1695000

5 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25116749

Bedrooms 5

HOA Y/N No

Lot Size 6,851 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

5 unit residential property located in the City of Arcadia near the Downtown Arcadia. This property consists of 2 buildings with 3 units in the front and 2 units in the rear above the garages. 1 Unit is a 2 bed/ 1 bath and 4 units are 1 bed/ 1 bath. There is onsite garage parking spaces for tenants via alley and open street parking. Each unit has its own water heater with separate gas and electric meters. Property has room to increase rents that should allow to generate more income over the years. There is a laundry room that also can generate additional income. The property is located within walking distance to the Metro line off 1st Street and Santa Clara St. There are many Shops, Restaurants, Parks and Fast Food near the Downtown that gives this property an excellent future to own and grow your rents.
5 unit residential property located in the City of Arcadia near the Downtown Arcadia. This property consists of 2 buildings with 3 units in the front and 2 units in the rear above the garages. 1 Unit is a 2 bed/ 1 bath and 4 units are 1 bed/ 1 bath. There is onsite garage parking spaces for tenants via alley and open street parking. Each unit has its own water heater with separate gas and electric meters. Property has room to increase rents that should allow to generate more income over the years. There is a laundry room that also can generate additional income. The property is located within walking distance to the Metro line off 1st Street and Santa Clara St. There are many Shops, Restaurants, Parks and Fast Food near the Downtown that gives this property an excellent future to own and grow your rents.

Location

State CA

County Los Angeles

Area Arcadia (91006)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Parking Features Unit1:Assigned

Roof Type Composition

Building

Lot Description Curbs,Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $143

Acceptable Financing Cash

Space Rent $2,020

Listing Terms Cash

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