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

2,882 sqft

Lot size

11,130 sqft

Year built

1953

Stories

1

Garage spaces

4

Heating

Electric,Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

1

MLS #

246599865

About this property

Income-Producing Property with Two Separate Residences in Arcadia! This property features two well-maintained homes on a 11,130 sq. ft. lot. The main residence offers 3 bedrooms, 2 bathrooms, and 1,682 sq. ft., and was built in 1953. Remodeled in 2019. The separate ADU, built in 2020, offers 3 bedrooms, 2 bathrooms, and 1,200sq. ft. Separate gas, water, and electric meters. The combined 6 bedrooms and 4 bathrooms can generate strong monthly rental income. This property is an excellent opportunity for investors, extended families, or buyers seeking income potential in Arcadia.

Location

1223 Magnis Street

Arcadia, Los Angeles, CA, 91006