703 E Camino Real Avenue

    Arcadia, CA 91006
    • $1,399,000
    • STATUS: Active Under Contract
    • ON SITE: 18 days
    • ID#: AR18274113
    Under Contract
    UPDATED: 62 min ago
    $1,399,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,099
      SQFT
    • $667
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Non rent control. 3 houses on one lot. Very large over one half acre lot (23,001 sq ft as recorded at LA County Assessor) with 3 homes. All homes are currently rented and not available to inspection prior to the seller+GGs acceptance of an offer. Currently, the large yard makes numerous parking spaces available off the street. Mature landscaping with many healthy trees creates a park-like ambiance. Could continue to rent these homes for income or tear down and place a large home on the unusually large lot. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents. Please do not disturb the tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T14:29:48.957. 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. Licensed in the State of California, USA.
    www.teamforss.com/homes/89662199

    703 E Camino Real Avenue Arcadia, CA 91006

    • Price: $1,399,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: AR18274113
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    2,099
    SQFT
    $667
    $/SQFT
    1925
    Built
    Neighborhood:
    605 - Arcadia
    County:
    Los Angeles
    Area:
    605 - Arcadia
    Property Description
    Non rent control. 3 houses on one lot. Very large over one half acre lot (23,001 sq ft as recorded at LA County Assessor) with 3 homes. All homes are currently rented and not available to inspection prior to the seller+GGs acceptance of an offer. Currently, the large yard makes numerous parking spaces available off the street. Mature landscaping with many healthy trees creates a park-like ambiance. Could continue to rent these homes for income or tear down and place a large home on the unusually large lot. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents. Please do not disturb the tenants.
    Exterior Features

    Architectural Style Traditional Direction Faces South Fence YN Yes Fencing Chain Link Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLot 20000-39999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No Roof Composition View Mountain View 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 No Common Walls Cooling Wall Window Cooling YN Yes Flooring Laminate Heating Wall HeaterGravity Heating Heating YN Yes Laundry Features Inside Levels One Room Type All Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cable Tv Expense 0.00 Community Features CurbsStreet LightingSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 0.00 Gardener Expense 1200.00 Gross Income 52200.00 Gross Operating Income 52200.00 Gross Scheduled Income 52200.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 16250.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 0.00 Property Condition Updated/Remodeled Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 0.00 Trash Expense 1200.00 Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Arr1yy

    Listing provided courtesy of Phyllis Cheng of Re/Max Premier Prop Sanmarino.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T14:29:48.957. 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. Licensed in the State of California, USA.
     
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