NOT LISTED FOR SALE

514 S Santa Anita Ave Arcadia, CA 91006

6 Beds
6 Baths
3,986 Sq Ft
8,253 Sq Ft Lot

Last Sold February 01, 2016

Last sale price $1,300,000 $326 Per Sq Ft

32 Days on Market

Highlights

  • Lawn
  • Holly Avenue Elementary School Rated A
  • Level Lot

About This Home

As of February 2016

Great location! This is a great investment property! This 6 units apartment (all 1 bedroom/1 bath) located in the heart of city of Arcadia. Fully occupied, great tenants, property is well maintained. 6 gas, electricity and water meters (tenants pay for their own utilities). It locates right across Santa Anita Golf Course, less than a mile away from Santa Anita Westfield Mall. It belongs to Arcadia school district. There are rooms for rent increase! Do not miss out this opportunity!

Last Listed By

Vivian Ma

Treeline Realty & Investment License #01955143 Listed on: 12/18/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,253 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Lawn
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,986 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • Leased Washer and Dryer
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 3 / 68
  • Tax Tract Number 866
  • Assessor Parcel Number 5779011003

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $960
  • Gardener Expense $720
  • Insurance Expense $3,000
  • Supplies Expense $265
  • Trash Expense $1,680
  • Water Sewer Expense $720
  • New Taxes Expense $18,750
  • Gross Income $5,650
  • Net Operating Income $41,405

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Supplies Expense: 265.00
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5779011003
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 326.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1680.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 6-10 Units/Acre, Lawn, Lot 6500-9999, Level with Street
  • Lot Size Sq Ft: 8253.00
  • Price Per Lot Square Foot: 157.52
  • Lot Size Acres: 0.1890

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average1 Bed Area: 665
  • Electric Expense: 960.00
  • Gross Income: 5650.00
  • Gross Scheduled Income: 67800.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8253.0000 Square Feet
  • Net Operating Income: 41405.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 26395.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Block: 68
  • Tax Lot: 3
  • Tax Tract Number: 866

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2016 02/01/16 Sold $1,300,000 -13.3% $326 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $1,500,000 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Vivian Ma

    Treeline Realty & Investment

  • H

    Buyer's Agent in 2016

    Hubert King

    Treeline Realty & Investment

    (626) 298-1267

    7 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15264212

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Arcadia 91006

514 S Santa Anita Ave, Arcadia, CA

Homes for Sale in Arcadia, CA

This home is located at 514 S Santa Anita Ave, Arcadia, CA 91006 since 18 December 2015. This property was built in 1948. 514 S Santa Anita Ave is a home located in Los Angeles County with nearby schools including Holly Avenue Elementary School, First Avenue Middle School, and Arcadia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information