833 W Duarte Road

    Arcadia, CA 91007
    • $3,900,000
    • STATUS: Active
    • ON SITE: 232 days
    • ID#: AR19241069
    UPDATED: 42 min ago
    $3,900,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,838
      SQFT
    • $441
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    THE 833, a 12-unit apartment in the City of Arcadia, and located within Arcadia School District.THE 833 is situated on a large 16,481 square feet lot and was built in 1960. It is a garden style two-story apartment with center courtyard (seller recently filled in the swimming pool). The property offers excellent unit mix with one (1) large x 3bedroom+3bathroom, one (1) x 2bedroom+2bathroom, one (1) x 2bedroom+1bathroom, and nine (9) x 1bedroom+1bathroom. One unit has a private patio area (sundeck) above carport. The property is separately metered for electricity and gas, windows A/C, wall heater, and individual water heater. There are total of 15 parking spaces which are provided by 2 detached carports in the back (12 carport spaces) and 3 open spaces parking in the front of the building. No Rent Control in Arcadia, California has new statewide rent control (AB 1482 - buyer to verify).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-03T21:27:29.947. 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 or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/99940471

    833 W Duarte Road Arcadia, CA 91007

    • Price: $3,900,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: AR19241069
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    8,838
    SQFT
    $441
    $/SQFT
    1960
    Built
    Neighborhood:
    605 - Arcadia
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    THE 833, a 12-unit apartment in the City of Arcadia, and located within Arcadia School District.THE 833 is situated on a large 16,481 square feet lot and was built in 1960. It is a garden style two-story apartment with center courtyard (seller recently filled in the swimming pool). The property offers excellent unit mix with one (1) large x 3bedroom+3bathroom, one (1) x 2bedroom+2bathroom, one (1) x 2bedroom+1bathroom, and nine (9) x 1bedroom+1bathroom. One unit has a private patio area (sundeck) above carport. The property is separately metered for electricity and gas, windows A/C, wall heater, and individual water heater. There are total of 15 parking spaces which are provided by 2 detached carports in the back (12 carport spaces) and 3 open spaces parking in the front of the building. No Rent Control in Arcadia, California has new statewide rent control (AB 1482 - buyer to verify).
    Exterior Features

    Carport Spaces 12.00 Garage Spaces 0.00 Lot Features Level With StreetLot 10000-19999 SqftRectangular LotNear Public TransitValue In Land Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 15.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    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 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating Wall Furnace Heating YN Yes Laundry Features Common AreaCommunity Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.90 Community Features SuburbanUrbanValley Country Us Electric Standard Electric Expense 1076.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 218364.00 Gross Multiplier 17.66 Gross Operating Income 214234.00 Gross Scheduled Income 220860.00 Insurance Expense 4497.00 Land Lease YN No Laundry Income 65.00 Laundry YN Yes Net Operating Income 152211.00 New Construction YN No New Taxes Expense 41761.00 Number Of Separate Electric Meters 13 Number Of Separate Gas Meters 13 Number Of Separate Water Meters 1 Number Of Units Leased 12 Number With Dishwasher 12 Number With Disposal 12 Number With Range 12 Operating Expense 62023.00 Pest Control Expense 623.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 18340.00 Total Expenses 62023.00 Trash Expense 2356.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3.00 Water Sewer Expense 3196.00 Water Source Public Year Built Source Assessor Zoning R3

    Listing provided courtesy of Handoko Chen of Gig Real Estate Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-03T21:27:29.947. 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 or Steele Canyon Realty. Licensed in the State of California, USA.

     
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