1132 Duarte Rd, Arcadia, CA, 91007

1132 Duarte Rd, Arcadia, CA, 91007 < >
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for sale
$9,000,000
Lot Size:0.70 Acres
Year Built:1962
Status:Active
MLS #:AR24030166
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
Get More Information
Go See This Property
Priced at 4.07% CAP Rate and Low Price/SF for the area, A Pride-of-Ownership value-add investment opportunity in the highly sought-after city of Arcadia (NO Local Rent Control). Offered at a high CAP Rate and Proforma CAP Rate close to 6%, this property is being offered for sale for the first time since 1986. The property is a garden style pride-of-ownership 2-story property with an excellent unit mix of mostly oversized 3bedrooms units and several large 1bedroom units. It is located within the highly desirable Temple City School District and surrounded by many newer townhouses and condominiums and offers an excellent demographics of ±$123,449 average household income within a mile radius! Tenants enjoy its proximity to Santa Anita Mall and Santa Anita Park and its walking distance to school, shopping, groceries, and other amenities both Arcadia and Temple City have to offer. The property has a total of 19,432 SF building size which translates to ±971sf average unit size, is situated on a large 30,379 square feet lot (R3 zoned) and was built in 1962. It has been very well maintained without any known deferred maintenance; it has a brand-new roof (replaced in 2021), well-ma
Interior Details
Fireplace Features: NoneLevels: Two
Stories Total: 2

Exterior Details
Carport Spaces: 10.00Direction Faces: North
Garage Spaces: 0.00Lot Features: Landscaped, Lot 20000-39999 Sqft, Rectangular Lot, Le
Lot Size Acres: 0.6974Number Of Buildings: 1
Number Of Units Total: 20Parking Features: Assigned, Driveway, Asphalt
Parking Total: 30.00Pool Features: Community
Roof: Asbestos ShingleSpa Features: None
View: Mountain(s)

Community Information
County Or Parish: Los AngelesDirections: FWY 210, exit Baldwin Ave - go south on Baldwin, turn right on Duarte Rd, property is near Temple City Blvd & Duarte Rd intersection
MLS Area Major: 605 - ArcadiaParcel Number: 5382001043
Zoning: ARR3YY

Property Information From MLS Data
Year Built: 1962

Financial Information
Association Fee: 0.00

Utilities
Cooling: Wall/Window Unit(s)Heating: Wall Furnace
Utilities: Cable Connected, Electricity Connected, Natural Gas Water Source: Public

Listing Information Courtesy of:
List Agent First Name: Han
List Agen tLast Name: Chen
List Office Name: Growth Investment Group Pasade

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Price:$9,000,000
Down Payment:
Loan Amount:$7,200,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Han Chen, Growth Investment Group Pasade

Information obtained from CACRMLS is current as of 5/1/2024 9:58 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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