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$1,450,000

41 Alta Street
Arcadia, CA 91006

For Sale|Multi-Family|Contingent
Subdivision:
County:
Los Angeles

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41 Alta Street41 Alta Street41 Alta Street41 Alta Street
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Connected Companies, as the exclusive listing agent, is pleased to present the opportunity to acquire 41 Alta Street, a 4-unit multifamily investment opportunity at Prime location in Arcadia, one of the most affluent cities in Southern California. The Alta Street Apartment is located adjacent to Downtown Arcadia and Westfield Mall Arcadia, providing residents with convenient access to public parks, restaurants, shopping malls, and schools. The Alta Street Apartment features two buildings, which consist of Connected Companies, as the exclusive listing agent, is pleased to present the opportunity to acquire 41 Alta Street, a 4-unit multifamily investment opportunity at Prime location in Arcadia, one of the most affluent cities in Southern California. The Alta Street Apartment is located adjacent to Downtown Arcadia and Westfield Mall Arcadia, providing residents with convenient access to public parks, restaurants, shopping malls, and schools. The Alta Street Apartment features two buildings, which consist of four two-bedroom/one-bathroom units. One of which is a separate single-story unit featuring a closed backyard. The average unit size is 728 square feet. Every unit includes wall air conditioning and heating, and individual water heaters. All units are individually metered for gas and electricity.The Alta Street Apartment is currently 100% occupied with a monthly income of $6,440. There is 19.10% on the rental upside that could be captured by implementing the value-add strategy with the new ownership. The Alta Street Apartment is well-positioned to provide investors with strong, stable, and long term returns. Given the number of units is four, residential financing with as low as 20% to 25% down is available to investors. The investment opportunity is great for both first-time buyers and experienced investors.

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Listing Snapshot
Price
$1,450,000
Days Online
127 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
0.1846 Acres
Year Built
1962
MLS Number
WS20150671
Status
Contingent
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
4 months agoListing first seen online
General Features
Terms
Cash
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Exterior Features
Water
Meter on Property
Pool
N/K
View
N/K
Community Features
Spa
N/K
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of THE CONNECTED COMPANIES

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2018-present San Diego MLS®.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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