126 E Colorado Blvd - Apartments FOR SALE


Arcadia, CA 91006
$1,695,000 USD
714-290-0936
126 E Colorado Blvd, Arcadia, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

126 E Colorado Blvd
Arcadia, CA 91006


HIGHLIGHTS

  • Separate Meters for Gas and Electric
  • 5 Car Garage Parking
  • Laundry Room Income
  • Rents are below market that will allow for rent increase

OVERVIEW

5 unit residential property located in the City of Arcadia near the Downtown Arcadia. This property consists of 2 buildings with 3 units in the front and 2 units in the rear above the garages. 1 Unit is a 2 bed/ 1 bath and 4 units are 1 bed/ 1 bath. There is onsite garage parking spaces for tenants and open street parking. Each unit has its own water heater with separate gas and electric meters. Property has room to increase rents that should allow to generate more income over the years. There is a laundry room that also can generate additional income. The property is located within walking distance to the Metro line off 1st Street and Santa Clara St. There are many Shops, Restaurants, Parks and Fast Food near the Downtown that gives this property an excellent future to own and grow your rents.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$219 USD /SF

# OF UNITS

5

PRICE/UNIT

$339,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

ARR3*

APN/PARCEL ID

5773-003-022

ASK ABOUT THIS PROPERTY

Carlos SkubaczRE/MAX 2000 CommercialMore Info
714-290-0936

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Carlos SkubaczRE/MAX 2000 CommercialMore Info
714-290-0936

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