Sold

Closed

4251 E Live Oak Avenue

Arcadia CA, 91006

$7,750,000


$486.87 per sqft

Sold

Closed

15,918 sqft

Condo

Built in 2023

Listed by Janet Chan with Advanta Properties, Inc 626-538-7423

Advanta Properties Inc. is pleased to present the exclusive new construction opportunity to acquire Live Oak 13, a multi-family building comprised of 13 newly built units with 3 BD/3.5 BA (One Unit has 4 Bd/4BA) units ideally located in Arcadia, CA. With excellent proximity to major employers, 210 & 605 freeways, entertainment districts and restaurants, this community is an attractive destination for rentals. Slated to be completed in early 2023 , 4251 E. Live Oak Ave., Arcadia, Ca 91006 offers 13 3 bedroom and 3 bath units. The well-built property features luxury unit upgrades including modern fixtures, luxury vinyl flooring, in unit washer & dryer hookups, electronic entry locks, dual pane windows, quartz countertops, soft-close cabinets, and SS appliances. Since this is new construction, this Multifamily investment opportunity has a high return and low operating costs with no rent control for the next 10+ years. All utilities are separately metered. The 26 parking spots (with 2EV charging outlets) can also be optional additional income. This property is also ideal for the furnished rental housing business model such as traveling nurse/first responder housing, as it is close to 3 major hospitals (USC Arcadia, City of Hope, Kaiser). Units can also be used as Live/Work apartments.

AR23020774

MLS ID

February 6, 2023

Listed

May 25, 2024

Updated

Map

4251 E Live Oak Avenue
Arcadia CA, 91006

Interior Features

Total Stories

3


Laundry Description

Washer Hookup, Gas Dryer Hookup


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.44 Acres


Sewer

Sewer Tap Paid

Other Property Details

Area Name

605 - Arcadia


Days on Market

108


Garage

No


Parking Total

26


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing Contact: 626-538-7423 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 1:55 AM UTC

 

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