Sold

1018 Avenue

Arcadia CA, 91007

$7,750,000


$413.75 per sqft

Sold

18,731 sqft

Residential

Built in 1988

Listed by Li-Chwen Sy with Coldwell Banker Realty (626) 449-5222

This is a rare opportunity to own a 10 units condo style property located in the heart of Arcadia that is known for its excellent school district. The complex is within the proximity of all the living conveniences, shopping mall, market, freeway, and restaurants just to name a few. All units have 3 bedrooms, 2 1/2 bathrooms, and an attached 2-car garage on the ground level with automatic operating door and stairs access to the front door. The first floor features a kitchen with built-in appliances and refrigerator, separate dining area, bright living room with fireplace, and a 1/2 bath. The second floor features a skylight at the stairway, a master bedroom suite, 2 additional bedrooms share a full bath with stacked washer and dryer tucked inside. There are two buildings on the property. The front building has 8 units of approximately 1350 square feet that were almost identical in floor plans and all have an entrance with a gardening area and balconies off the living room and master bedroom. The back building houses two units of approximately 1100 square feet each and with private front patios. The complex also offers 4 guest parking spaces and has well-designed evening lighting for the safety and enjoyment of the tenants. The owner may elect to a 1031 exchange.

P1-12898

MLS ID

March 11, 2023

Listed

February 16, 2024

Updated

Map

1018 Avenue
Arcadia CA, 91007

Interior Features

Total Stories

3


Interior Features

Built-in Features, Balcony, Cathedral Ceiling(s), Multiple Staircases, Recessed Lighting, All Bedrooms Up, Primary Suite


Appliances

Built-In Range, Dishwasher, Refrigerator, Range Hood, Water Heater, Dryer, Washer


Laundry Description

See Remarks, Stacked


Fireplace

Yes


Fireplace Description

Electric, Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.43 Acres


Lot Features

Front Yard


Sewer

Public Sewer

Other Property Details

Area Name

605 - Arcadia


Days on Market

45


Garage

Yes


Garage Spaces

20


Parking

Attached Carport, Driveway Down Slope From Street, Door-Single, Garage, Garage Door Opener, Guest, Shared Driveway, Garage Faces Side, See Remarks


Parking Total

24


View

No


View Description

None


County

Los Angeles


Pool

No


Pool Features

None


Zoning

ARR3*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/23/2023

Price Change

$6,785,000

-13%

5/23/2023

Sold

4/28/2023

Pending

Listing Contact: (626) 449-5222 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 3:58 AM UTC

 

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