516 W Camino Real Avenue, Arcadia, CA 91007

$1,750,000

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List Price
$1,750,000
Status
ACTIVE UNDER CONTRACT
MLS#
P1-27802
Year Built
1955
Lot Size
16,892
Acres
0.39
Lot Location
Back Yard, Front Yard, Lawn, Rectangular Lot
Days on Market
28
Property Type
Multifamily
Property Sub Type
Triplex
Neighborhood
Not Applicable

Property Description

This triplex property in Arcadia with three standalone homes, offers a number of options for investors or owner occupant type buyers with uncommon features. The large parcel of 16,892 square feet (public records) is flat and easy to access and the three individual homes have unique floorplans and layouts totalling 3,218 square feet. At the front of the property, 518 W Camino Real is a spacious 2 bedrooms, 2 bath home built in 1955 with 1,500 square feet and an attached, two car garage. The middle home, 516 W Camino Real was built in 1925 and public records show 960 square feet with 2 bedrooms and 1 bath room. At the rear of the property, is a smaller home, also 2 bedrooms and 1 bath in 758 square feet with an attached 1 car garage built in 1955. All three homes have their own electric and gas meter. One water meter for the entire property. See attached floorplan and images for details. Square footage numbers are from public records. The property was leased for a number of years to stable tenants but all units are available for immediate use by the new owners. No local rent controls or property restrictions in Arcadia and there are a number of multi-million dollar homes in the area that showcase an option to build a world class home on this North facing property. Offer Deadline Friday, July 10

Additional Information

Appliances
Built-In Range, Dishwasher, Free-Standing Range, Gas Water Heater, Range Hood
Pool Description
None
Cooling
Yes
View
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Adam Bray-Ali (adam@propertybyadam.com) from Listing Office: Coldwell Banker Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.