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823 N Santa Anita Avenue N, Arcadia, CA 91006
10 photos
$1,188,000
823 N Santa Anita Avenue N Arcadia, CA 91006
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Acres
0.00
Year Built
1948
Garage Space
2
Property Type
ResidentialIncome
Days on Market
20
Property Highlights
LOWEST PRICED INVESTMENT PROPERTY IN ARCADIA Welcome to 823825 N Santa Anita Avenue a rare investment opportunity nestled in prestigious North Arcadia This charming eastfacing duplex is one of the few multifamily properties in this coveted neighborhood making it a true gem for investors multigenerational buyers or ownerusers seeking an exceptional residence substantial rental income and valueadd longterm upside Each residence features a thoughtfully designed 2bedroom 1bathroom layout with spacious living rooms full kitchens and only one shared wall for added privacy Additional perks include private front porches dual entrances for each unit and dedicated laundry hookups inside both homes NEW ROOF 2023 NEW WINDOWS in 2023 New mainline sewer installed within the last 3 years The property also boasts a twocar garage a backyard area with potential separate gas and electric meters a remodeled bathroom in the front unit and granite kitchen countertops in the rear unit There is a possibility for ADU additions buyer and buyers agent to verify this property presents exciting valueadd potential with room for one and possibly two ADUsLocated in the awardwinning Arcadia Unified School District and supported by worldclass city services Excellent current longterm tenants Please do not walk the property or disturb occupants Showings only with an accepted offer
Property Features
Cooling:
WallWindowUnits
Utilities:
SewerConnected
Pool Features:
None
Property Management Analysis for 823 N Santa Anita Avenue N*
Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.
Are you searching for an investment property that matches your financial objectives? Interested in the possible rental income it could produce in the current market? Through proficient property management, we have estimated the monthly rental revenue for this property.
We estimate that this property will rent for about $4,703 per month.*
This valuable information will assist you in making informed decisions about your property investments. Property Management involves the daily oversight of residential, commercial, or industrial real estate by a third-party company. Property managers play a crucial role in maintaining the value of the property while generating income. It’s essential to understand your property management responsibilities when considering an investment property. By hiring us as the best property management company, we can help you maximize your real estate investment.
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Property Services
$3,960
Low
$4,703
Estimate
$5,247
High
*Rental estimate is automatically generated and may not be representative of actual performance. Access the latest real estate market trends and more here: https://erabrokers.com/research
It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.
The rental real estate market outlook for 91006 appears to be promising. Located in Arcadia, California, 91006 is a highly sought-after area due to its convenient location, thriving economy, and excellent amenities. The demand for rental properties in this zip code is consistently high, as people are drawn to the city's top-rated schools, beautiful parks, and vibrant cultural scene. Additionally, 91006 offers a variety of housing options, from single-family homes to apartments and condos, catering to a diverse range of renters. With a competitive market and a limited supply of rental properties, landlords can expect strong rental prices and low vacancy rates in 91006. Furthermore, the continuous development and economic growth in the area ensure a steady influx of new residents, further fueling the demand for rental properties. Overall, the rental real estate market outlook for 91006 is optimistic, presenting lucrative opportunities for investors and property owners.
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$
30 years fixed
7%
Monthly Payment
$6,323
This calculator is meant for estimates only. The loan amount defaults to 80% of the listing price (assuming a 20% down payment). Contact a loan professional for the most accurate information and interest rates.
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