Privately nestled on a spectacular tree lined street in the heart of Arcadia is this Single Story Two bedroom house on a generous sized lot (nearly 8000 square feet) with THREE DETACHED RENTAL UNITS on the back perimeter of the property built above and around a 5-Car Garage. Tremendous value in this location and in the city of Arcadia. Currently the house is rented on a month to month at below market rents for the time and the area. The Main house and one of the back one bedroom units were remodeled just a couple years ago (see pictures). This ONE-OF-A-KIND property has various options such as: 1) It is perfect for a buyer that has an extended family who all want to live on the same property, or 2) As a home with monthly rental income from the rear units or 3) As a 4 unit income producing property. If you ever dreamed of owning a multi-unit property where you can live in one of the units while self-managing and collecting rent from the other units, this is right up your alley. The LOCATION is key with a very SHORT WALK to the shops & restaurants on Huntington Dr., the beautiful LA County park along Santa Anita Ave, and of course, a short walk to the Santa Anita Race Track. The location could not be more ideal being situated just below the beautiful Southern California snow capped mountains. One of the main benefits of Arcadia is and has always been renowned for its incredible SCHOOLS!! The remodeled units have newer paint (inside and out), newer wood laminate flooring and newer carpet throughout, newer stainless steel kitchen appliances and garbage disposal. The Main house has a kitchen that is open to the formal dining area with built-in storage. There is a cozy and comfortable fireplace in the living room, all newer window coverings and ceiling fans. This ultra clean and peaceful property has lush landscaping with a gorgeous wrap around yard in between the home and the rental units Between the structures, there is a covered entertainment lounge area with a Bar B Que and chairs. For convenience, there is a community laundry room with coin op machines located on the ground level of the back structure. This is a perfect opportunity with numerous options for just the right family or investor. If you drive by, please do not disturb nor speak with the tenants. Please respect their privacy. Much appreciated!! Call your own agent to obtain more details from the listing agent.
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Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/21/23. 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.
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Data last updated on 3/21/23 at 7:06 AM UTC
