Views - Golf Course
Address
521 E Live Oak Avenue Arcadia, CA
Price
$ 3,880,000
Property Attributes
  • MLS#AR21070858
  • TypePending
  • CountyLOS ANGELES
  • CityArcadia
  • AreaArcadia
  • Zip91006
  • StyleApartment
  • Price$ 3,880,000
  • Bedrooms13
  • Full Bathrooms13
  • Half Bathrooms0
  • Lot Size0.41 Acres
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Data Source:
CRMLS
Property Description

LIVE OAK ARCADIA – 521-523 E Live Oak Ave. is a 13-unit garden style apartment investment opportunity located in the City of Arcadia, CA. Built in 1960, the current owner bought it in 1961 which made them only the 2nd owner. Since then, this is the first time this property has ever been offered for sale! Long time owned for 60 years, this presents a rare opportunity for the lucky buyer to acquire this generational apartment community at a much lower price per unit compared to other Arcadia apartments that are currently on the market. This property is located within the prestigious Arcadia School District (buyer to verify). LIVE OAK ARCADIA is an attractive two-story garden style gated community that was built in 1960. It has a total of 8,640 SF building size and situated on a LARGE lot of ±17,977 SF. Because of this large lot, there is a possibility for new owner to add additional ADU units (buyer to do their own investigations). It offers excellent curb appeal with manicured landscaping, complete with large front yard and back yard with seating area. The property offers an excellent unit mix of four (4) x 2bedroom+1bathroom and nine (9) x 1bedroom+1bathroom. Each unit is spacious with good floor plan. None of the units have been upgraded. Most units have carpet, windows A/C in the living room/kitchen, wall heater, ceiling fans in the kitchen and bedroom, laminate kitchen countertops, tiled bathroom, and individual water heater.

Price History
4/6/2021 Listed $3,880,000

General Features

Appliances Gas Range
Carport Spaces 16
Carport Y/N Yes
Community Features Golf, Suburban, Valley, Park
Cooling Wall/Window Unit(s)
Electric Standard
Flooring Carpet
Heating Wall Furnace
Levels Two
Listing Agent Handoko Chen - BRE#01749321
Listing Agent State License 01749321
MLS Area 605 - Arcadia
Open Parking Spaces 1
Parking Features Attached Carport, Assigned, Carport
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to New Loan
Total Actual Rent 17755
Total Units 13
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Mountain(s)
Water Sewer Expense 1000
Zoning ARR3YY

Interior Features

Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Features Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level
Lot Size Acres 0.41
Lot Size Area 17977
Lot Size Source Assessor
Lot Size Square Feet 17977
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 14
Number of Separate Gas Meters 14
Number of Separate Water Meters 1
Total Parking 17
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91006

Price
AVG $1.76M
$3.88M
Visits
AVG 60
31
Year Built
AVG 1976
1960
Walkscore
AVG 52
72
Data Provided by Walkscore ® not using MLS data

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