1228 Temple City Blvd, Arcadia
$6,343,000 - 15 Beds, 15 BathsMLS® # AR23070496
$6,300,000
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We are pleased to present for sale this 7 unit condo style apartment building in prime Arcadia. Offered for sale by the original owner/developer of the property, this is an extremely rare opportunity for an investor to acquire a 2004 construction quality asset in a thriving rental market. Situated on a 15,766 square foot lot, the building is approximately 11,486 square feet and features a unit mix of six 3 bedroom 2.5 bath units and one 3 bedroom 2 bath unit. The property is extremely well parked with a total of 18 parking spaces: (8) 2 car garages, (1) single car garage and 1 additional open parking space. All units are two-story townhouse style with central a/c and heat, dishwashers, individual washer/dryer hookups, separate meters for gas and electricity, and direct access to the unit from their assigned garage. Select units have been upgraded with wood flooring and countertops and there may be a potential future condo conversion possibility (Buyer to verify with the city).
Door-Multi, Door-Single, Garage, One Space, Uncovered
Door-Multi, Door-Single, Garage, One Space, Uncovered
Realty Investment Advisors, Inc.
MLS® # AR23070496
MLS® # AR23070457
Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 2:35am PDT. 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, 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.