521-523 E Live Oak Avenue, Arcadia, CA 91006
521-523 E Live Oak Avenue, Arcadia, CA 91006
521-523 E Live Oak Avenue, Arcadia, CA 91006
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$6,400,000
Est. payment /mo
3 Beds
2 Baths
0.41 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26041165

Bedrooms 3

Lot Size 0.413 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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 + electr

Location

State CA

County Los Angeles

Zoning Assessor

Direction east of Santa Anita Ave - on Live Oak Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5790030016

Acceptable Financing Cash

Listing Terms Cash

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MLS Router / San Diego MLS
Listed by Handoko Chen, DRE#01749321 Growth Investment Group Pasade 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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521-523 E Live Oak Avenue