Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

2

Building size

3,142 sqft

Lot size

9,348 sqft

Year built

1950

Stories

1

Garage spaces

0

Heating

Solar,Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

246599862

About this property

Income-Producing Property with Two Separate Residences in Arcadia! This property features two well-maintained homes on a 9,348 sq. ft. lot. The main residence offers 5 bedrooms, 2 bathrooms, and 1,943 sq. ft., and was built in 1950. Remodeled in 2022. The separate ADU, built in 2022, offers 4 bedrooms, 2 bathrooms, and 1,199 sq. ft. Separate gas, water, and electric meters, Wide, elongated concrete driveway, plenty of parking space, Solar Panels. The combined 9 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potentials in Arcadia.

Location

3036 S 8th Avenue

Arcadia, Los Angeles, CA, 91006