1033 La Cadena Ave - Apartments FOR SALE


Arcadia, CA 91007
$2,900,000 USD
310-406-9110
1033 La Cadena Ave, Arcadia, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/10
null | 3.7% Cap Rate

1033 La Cadena Ave
Arcadia, CA 91007


HIGHLIGHTS

  • 4 Unit Condo Building Operating as Multifamily - 4 Separate Parcel Numbers
  • First Time Ever to Market & 2 Units Delivered Vacant
  • Large 3+3 Townhome Style Units, 2-Car Garages, Corner Lot
  • Price at $725,000 per Unit | For-Sale Condos Averaging North of +/- $1,100,000 in the Market Area

OVERVIEW

NAI Capital Commercial Inc. is proud to present 1033 La Caden Avenue — a four-unit condo community nestled in the heart of one of Southern California’s most desirable cities. Each of the four residences offers a spacious 3-bedroom, 3-bathroom floor plan with generous living areas ranging from 1,475 to 1,664 square feet with two-car garages and surface parking, making these among the largest condominium units available in Arcadia at this price point. Built in 1990, the complex sits on a generous 10,297-square-foot lot on La Cadena Avenue — a quiet, tree-lined residential street that balances neighborhood tranquility with exceptional proximity to Arcadia’s best amenities. Residents enjoy walkable access to the Westfield Santa Anita mall, the iconic Santa Anita Park racetrack, top-rated Arcadia Unified schools, and the vibrant dining and retail corridor along Huntington Drive and Baldwin Avenue. What makes this offering truly exceptional is its structure: all four condominiums are individually parceled with separate Assessor Parcel Numbers — a configuration that has already cleared the most complex and costly step of a condo conversion. The property is currently operated as a single apartment building entity, meaning a new buyer has the flexibility to continue as a rental portfolio or establish a formal HOA and sell units individually without the need for further subdivision or entitlement work. The property is offered as a fully assembled four-pack — a rare configuration in a city where individual condo inventory is tightly held and demand from Arcadia Unified School District families remains relentlessly strong. Whether the buyer intends to hold all four as a rental portfolio, occupy one unit and lease the others, or complete a thoughtful renovation and sell individually, 1033 La Cadena presents a flexible, high-conviction opportunity in one of the San Gabriel Valley’s premier addresses. Call for Offers: June 5, 2026 Property Tours: June 3, 2026 by appointment

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$1,866 USD /SF

# OF UNITS

4

PRICE/UNIT

$725,000

CAP RATE

3.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Condo Units | 2 Vacant

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,280 SF

ZONING

ARR3*

APN/PARCEL ID

5778-005-059

ASK ABOUT THIS PROPERTY

Tim SteuernolNAI CapitalMore Info
310-406-9110

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Tim SteuernolNAI CapitalMore Info
310-406-9110

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