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833 W Duarte Rd
Arcadia, CA 91007
12-unit Value Add in Arcadia! Low Price/Unit · Multifamily Property For Sale · 12 Units
Investment Highlights
- Superb location in a highly desirable city of Arcadia; located within Arcadia Unified School District
- Centrally located with access to all amenities City of Arcadia has to offer (Santa Anita Mall, Santa Anita Park, schools, library, retail stores, etc
- Each unit is separately metered for gas and electricity, individual water heater
- Superb amenities - Across the street from 2 major shopping centers (99 Ranch Market in President Square, and ARCADIA HUB with Vons, Burlington Factory
- Large lot size with ample parking; Recently filled in pool converted into a central courtyard
- Superb Demographics with over $97,900 average HH income within 1-mile radius
PROPERTY FACTS
| No. Units | 12 | Building Size | 8,838 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.42/1,000 SF |
| Lot Size | 0.38 AC |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 8,838 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.42/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Double Pane Windows
About 833 W Duarte Rd , Arcadia, CA 91007
The Growth Investment Group is proud to offer THE 833, a 12-unit apartment in the City of Arcadia, California. This offering presents a rare opportunity to investors to acquire a strategically located, value-add apartment in the City of Arcadia, CA; one of the strongest and healthiest sub-market in West San Gabriel Valley area. Known for its high barriers to entry and low inventory for multifamily investment offering has made this city one of the most desirable locations for multifamily investment. 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. The property’s recent capital improvements are dual pane windows throughout in every unit and filled in swimming pool. Several units have been partially upgraded with new kitchen cabinets; granite kitchen countertops, tiled bathroom, and Pergo laminate flooring.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
| 3+3 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 5783-005-035 | Improvements Assessment | $1,151,516 |
| Land Assessment | $2,686,871 | Total Assessment | $3,838,387 |
PROPERTY TAXES
zoning
| Zoning Code | R3 (Medium Density Multiple Residence) |
| R3 (Medium Density Multiple Residence) |
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