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1137 W DUARTE Road, Arcadia, CA 91007

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1137 W DUARTE Road
Arcadia, CA 91007

For Sale: $6,798,888

Property Type: Commercial Apartments
MLS#: 19420280

  • Building Size: 15049 SF
  • Lot Size: 28217 SF
  • Number of Units: 18
  • Number of Stories: 2
  • Year Built: 1958
  • Days on market: 73
  • Cap Rate: 2.19
  • Net Operating Income: $148,681
  • Gross Scheduled Income: $310,090
  • Rent Control: No
  • GRM: 21.27
  • Contact Listing Agent Direct:
  • Alexander Metaxas, Realty Investment Advisors, In

Property Description

Located in a highly desirable area of Arcadia, Realty Investment Advisors is proud to present 1137 W. Duarte Ave, a prime 18 unit investment opportunity! This well-maintained property has a great unit mix of 16 (sixteen) spacious 2 bedroom, 1 bathroom units and 2 (two) 1 bedroom, 1 bathroom units. With no rent control and current rents well below market, this offers an investor the opportunity to add value and increase the rental income. Other features include 20 covered on-site parking spaces & 4 uncovered spaces, a lot size over 28,000 square feet, a swimming pool, pitched roofs and neither structure requires soft-story retrofit!

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1137 W DUARTE Road, Arcadia, CA 91007

Based on information from California Regional Multiple Listing Service, Inc. as of January 27, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Alexander Metaxas, Realty Investment Advisors, In

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