Arcadia, CA 91006,416 E Duarte RD
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Arcadia, CA 91006,416 E Duarte RD
Arcadia, CA 91006,416 E Duarte RD
Arcadia, CA 91006,416 E Duarte RD
Arcadia, CA 91006,416 E Duarte RD

$2,300,000

Est. payment /mo

$2,290,000

0.4%
Est.Price: ?

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416 E Duarte RD Arcadia, CA 91006

6 Beds

5 Baths

3,136 SqFt

SOLD DATE : 01/25/2024

Key Details

Sold Price $2,300,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,136 sqft

Price per Sqft $733

MLS Listing ID AR23220779

Sold Date 01/25/24

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1913

Lot Size 0.568 Acres

Property Description

Nestled in the heart of Arcadia, this unique multi-family property at 416 E Duarte Rd. offers an exciting investment opportunity in one of Southern California's most sought-after neighborhoods. With a blend of tenant-occupied and vacant units, this versatile property features a total of 3 distinct nonconforming units, providing a range of options for both tenants and investors. From spacious 3-bedroom, 1-bathroom units to comfortable 2-bedroom, 2 bathroom units, and even 2-bedroom, 1-bathroom units with in-units laundry facilities, this property caters to diverse housing needs. Additionally, the property includes a refreshing swimming pool that, while currently drained, can easily be filled again, enhancing tenant amenities and rental income potential. Situated on a rectangular 24,723 sq ft lot with three separate unconforming units, this property is primed for creative renovation or redevelopment, making it a canvas for your investment vision. This property is a DUPLEX with a 3rd Non-Conforming structure. Buyer and Agent to do their due diligence before writing any offers. This is an AS-IS Sale and would be perfect for redevelopment. Conveniently located near supermarkets and restaurants and within the highly acclaimed Arcadia School District, this property presents a rate opportunity to invest in the best of Arcadia living.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR1YY

Rooms

Main Level Bedrooms 6

Interior

Interior Features All Bedrooms Down

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Garage Driveway

Pool In Ground, Private

Community Features Suburban

View Y/N No

View None

Private Pool Yes

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Arcadia Unified

Others

Senior Community No

Tax ID 5780005010

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ash Rizk • Coldwell Banker Realty • 626-393-5695
Bought with Karen Wu • IRN Realty

Rachael Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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