620-624 N 1st Ave - Apartments FOR SALE


Arcadia, CA 91006
$1,125,000 USD
626-331-1234
620-624 N 1st Ave, Arcadia, CA for Sale
$1,125,000 USD
Apartments - FOR SALE
1/4
null | 3.67% Cap Rate

620-624 N 1st Ave
Arcadia, CA 91006


OVERVIEW

Welcome to this charming duplex nestled in the heart of Arcadia. The property features a 2 bedroom+1 bath vacant house and a 1 bedroom+1 bath unit. Each unit has its own one-car garage. Built in 1924, the duplex exudes vintage charm while presenting opportunities for modern updates. With a total living area of 1,578 square feet on a spacious 6,319 square foot lot, the savvy investor has room to add value via key enhancements and upgrades. Tenants enjoy the convenience of Arcadia living, known for its acclaimed school district and proximity to parks, dining, shopping, and entertainment. Don't miss out on this investment opportunity in a coveted location.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$713 USD /SF

# OF UNITS

2

PRICE/UNIT

$562,500

CAP RATE

3.67%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1st Ave Cottages

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,392 SF

ZONING

-

APN/PARCEL ID

5772-009-011

ASK ABOUT THIS PROPERTY

Jag SinghKW COMMERCIALMore Info
626-331-1234

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Jag SinghKW COMMERCIALMore Info
626-331-1234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.