Arcadia (605) Homes with Apartment Subtype

Arcadia (605) Homes with Apartment Subtype

Welcome to Arcadia, California, a charming city nestled in the heart of Los Angeles County, where suburban tranquility meets vibrant community life. Known for its picturesque landscapes, Arcadia is famous for its stunning views of the San Gabriel Mountains and lush parks, making it an ideal location for families, retirees, and professionals alike.

Arcadia boasts a rich history and a diverse cultural scene, with a variety of restaurants, shops, and recreational facilities. The city is home to the renowned Santa Anita Park, a historic horse racing venue that attracts visitors from all over the region. Additionally, the Arcadia Arboretum offers a serene escape with its beautiful gardens and walking trails, perfect for nature lovers.

When it comes to real estate, Arcadia presents a unique opportunity for homebuyers interested in properties with an apartment subtype. These homes often feature spacious layouts, multiple bedrooms, and the potential for rental income, making them a savvy investment choice. With the rising demand for multi-family living spaces, homes with an apartment subtype in Arcadia offer both comfort and versatility. Whether you’re looking for a property to accommodate extended family or seeking a source of passive income, these homes cater to a variety of lifestyles.

The local school district is highly regarded, ensuring access to quality education for families, while the city’s convenient transportation options make commuting a breeze. Discover the charm of Arcadia, where your dream home awaits amidst a backdrop of natural beauty and community spirit. Experience the perfect blend of suburban living and urban convenience in this exceptional city!

Newest Arcadia (605) Homes with Apartment Subtype

$6,400,000
AR26041165 MLS Active Status
ARCADIA TURNKEY 15-units (2 BRAND NEW ADUs), Arcadia School District, NO Local Rent Control, Attractive 5.4% CAP Rate, Extremely High Barriers to Entry Submarket., Brand New Electrical Panels and Subpanels, next to newer Townhouse and nearby many new SFR developments (by Brookfield Residential, KB Homes, Olson Homes, etc.). LIVE OAK ARCADIA, a 15-unit TURNKEY Luxury Mid-Century modern garden style apartment in the highly desirable City of Arcadia, CA. There is NO LOCAL rent control in Arcadia which allows maximum rent increase of 5% + CPI per AB1482 (maximum 10% rent increase). This property is located within the prestigious Arcadia School District and surrounded by SFRs neighborhood with many newer townhomes/SFR developments (Lennar, KB Homes, Brookfield Residential, Olson Homes, etc.). It has FANTASTIC demographics of ±$149,028 average household income within a-mile radius. Offered at much higher CAP Rate compared to other competing multifamily in Arcadia, this offering provides an excellent opportunity to buy a stabilized asset in one of the most desirable submarkets in San Gabriel Valley. 521-523 LIVE OAK is an attractive two-story garden style gated community that was built in 1960 and renovated in 2022-2024. Two (2) of the units are brand new ADUS that were completed in 2026. It is situated on a LARGE lot of ±17,977 SF and offers excellent curb appeal with manicured landscaping, complete with large front yard and back yard with seating area. The property has undergone a massive renovation in 2022-2024 which includes: all units upgraded, updated rough mechanical + electrical + and plumbing system (main line is not updated), new drought-tolerant landscaping, new secured entrance and new parking gate, new property façade and signage, new exterior painting, new HVAC and exhaust systems, roof was not upgraded (in excellent condition) and much more. It has excellent curb appeal with mature trees in the front and a secured entrance. The property offers an excellent unit mix of SIX (6) x 2bedroom+1bathroom and nine (9) x 1bedroom+1bathroom. Each unit is spacious with an excellent floor plan, and each has been completely upgraded from top to bottom with attention to detail.

521 523 E Live Oak Avenue, Arcadia

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.