700 S 2nd AVE, Arcadia, CA 91006
$1,350,000
$1,200,000
12.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7,278 Sqft Lot

700 S 2nd AVE Arcadia, CA 91006

Est. payment /mo
SOLD DATE : 01/19/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,350,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR23217768

Sold Date 01/19/24

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1949

Lot Size 7,278 Sqft

Property Sub-Type Duplex

Property Description

Welcome to a rare opportunity to own a single level duplex in the heart of Arcadia within the highly coveted Arcadia school district. Each unit offers a private yard space. Both units are spacious and include large living room, a dining area, comfortable kitchen and newer flooring. Both units have 2 bedrooms and 1 bathroom with an appealing floor plan. The back unit has a huge, private yard space and a two car garage. These units are on 2 separate electrical and gas meters and share 1 water meter. An absolutely perfect property to live in one and rent the other. Great lot size of over 7,275 sq. ft., zoned R2. First time on the market in 22 years! The current rents were way below market, has great rental upside. Both units are currently occupied, landlord has issued an official written notice to ask the tenants. to vacate by the end of December 2023. Property to be Sold in AS IS condition. No warranties expressed or implied by Seller or the brokers.This property would be a great investment for a family that wants to occupy, leave it as a rental or tear down and rebuild 2 homes. The possibilities are endless! Convenient to restaurants, shopping and transportation, Arcadia High School, 1st Avenue Middle School, a library, and very close to Westfield Shopping Center and the Santa Anita Race Track. Don't miss seeing this amazing opportunity in an ideal location.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR2YY

Interior

Interior Features Unfurnished, All Bedrooms Down

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Laundry Inside, Laundry Room

Exterior

Parking Features Door-Single, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5779018016

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Probate Listing

Read Less


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Pauline Cheng Re/Max Premier Prop Arcadia #00993691
Bought with Karen Yu Harvest Realty Development
Jessica Lam

Whether it's finding the perfect place to call home,

 

Selling the home that no longer fits your needs,

 

Or strategically investing to build a secure future.

 

I'm here to help you make the right move at the right time.

Let's talk about your real estate goals.

Name*
Phone
Message

Jessica Lam has a zero spam policy.
She does not use auto-dialed calls or artificial/pre-recorded voice messages.
Jessica Lam will send automatic texts only when requested.