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$1,750,000

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0.39 Acres Lot

Open Thu 10AM-2PM

516 W Camino Real AVE Arcadia, CA 91007

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

Open House

Thu Jul 02, 10:00am - 2:00pm

Sun Jul 05, 2:00pm - 4:00pm

Wed Jul 08, 11:00am - 2:00pm

Sat Jul 11, 10:00am - 12:00pm

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-27802

HOA Y/N No

Year Built 1955

Lot Size 0.388 Acres

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

This triplex property in Arcadia with three standalone homes, offers a number of options for investors or owner occupant type buyers with uncommon features. The large parcel of 16,892 square feet (public records) is flat and easy to access and the three individual homes have unique floorplans and layouts totalling 3,218 square feet. At the front of the property, 518 W Camino Real is a spacious 2 bedrooms, 2 bath home built in 1955 with 1,500 square feet and an attached, two car garage. The middle home, 516 W Camino Real was built in 1925 and public records show 960 square feet with 2 bedrooms and 1 bath room. At the rear of the property, is a smaller home, also 2 bedrooms and 1 bath in 758 square feet with an attached 1 car garage built in 1955. All three homes have their own electric and gas meter. One water meter for the entire property. See attached floorplan and images for details. Square footage numbers are from public records. The property was leased for a number of years to stable tenants but all units are available for immediate use by the new owners. No local rent controls or property restrictions in Arcadia and there are a number of multi-million dollar homes in the area that showcase an option to build a world class home on this North facing property.

Location

State CA

County Los Angeles

Area 605 - Arcadia

Zoning ARR1

Interior

Inclusions All current appliances.

Fireplace Yes

Appliance Built-In Range, Dishwasher, Free-Standing Range, Gas Water Heater, Range Hood

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Street Lights, Suburban

View Y/N No

View None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Front Yard, Lawn, Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5785002108

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Adam Bray-Ali Coldwell Banker Realty #01859026

Nearby Schools & Businesses