772 Huntington Drive, Arcadia
Arcadia Home For Sale
PRICED TO SELL AT UNDER $505 PER SQUARE FOOT! CONDO COMPS ARE SELLING AROUND $600 PER SQUARE FOOT IN ARCADIA!! Offered for sale by the original owner/developer of the complex, this is an extremely rare opportunity for investors to acquire 7 residential units built in 2004 in prime Arcadia with multiple investment options. Option 1: Convert the units to condos and realize an immediate profit on a resale (Buyer to verify condo conversion possibilities with the city). Option 2: Implement a value-add strategy to increase rents to the market levels and enjoy higher cash flow. Option 3: Buy and hold for very predictable long-term appreciation. Six of the seven units are 3 bedroom 2.5 bath two-story townhouse style residences with access to their units from their own 2 car garage or private front yard. The 7th unit is a approximately 1,800 square feet, featuring 3 bedrooms and 2 bathrooms with an exceptionally spacious master suite. All units feature central a/c and heat, dishwashers, individual washer/dryer hookups and separate meters for gas and electricity. Select units have been upgraded with wood flooring and countertops. Situated on a 15,766 square foot lot, the total building is approximately 11,486 square feet and is extremely well parked with a total of 18 parking spaces: (8) 2 car garages, (1) single car garage and 1 additional open parking space.
Property Details
Additional Information
-
- City:
- Arcadia
-
- County:
- Los Angeles
-
- Zip:
- 91007
-
- MLS® #:
- 24372735
-
- Bedrooms:
- 6
-
- Bathrooms:
- 4
-
- Square Ft:
- 11,486
-
- Lot Size:
- 0.36
-
- Levels:
- Multi/Split
-
- Garages:
- 17
-
- HOA Dues:
- $
Price Change History for 772 Huntington Drive, Arcadia, (MLS® #24372735)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $6,300,000) | $5,800,000 | $500,000 (7.94%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 30th, 2024 at 7:55am PDT. 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.