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700 S 2nd Avenue, Arcadia, CA 91006
$1,350,000
700 S 2nd Avenue, Arcadia, CA 91006View this property at 700 S 2nd Avenue, Arcadia, CA 91006
700 S 2nd AvenueArcadiaCA91006
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Property Description
Welcome to a rare opportunity to own a single level duplex in the heart of Arcadia within the highly coveted Arcadia school district. Each unit offers a private yard space. Both units are spacious and include large living room, a dining area, comfortable kitchen and newer flooring. Both units have 2 bedrooms and 1 bathroom with an appealing floor plan. The back unit has a huge, private yard space and a two car garage. These units are on 2 separate electrical and gas meters and share 1 water meter. An absolutely perfect property to live in one and rent the other. Great lot size of over 7,275 sq. ft., zoned R2. First time on the market in 22 years! The current rents were way below market, has great rental upside. Both units are currently occupied, landlord has issued an official written notice to ask the tenants. to vacate by the end of December 2023. Property to be Sold in AS IS condition. No warranties expressed or implied by Seller or the brokers.This property would be a great investment for a family that wants to occupy, leave it as a rental or tear down and rebuild 2 homes. The possibilities are endless! Convenient to restaurants, shopping and transportation, Arcadia High School, 1st Avenue Middle School, a library, and very close to Westfield Shopping Center and the Santa Anita Race Track. Don't miss seeing this amazing opportunity in an ideal location.
Full Property Details
Full Property Details for 700 S 2nd Ave
General
- Sold For: $1,350,000
- Status: Closed
- Type: Multi-Family
- MLS ID: AR23217768
- Added to Site: 182 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Living Room
- Interior Features: Unfurnished
- Fireplace(s): None
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: Individual Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Driveway, Garage (Single Door)
- Parking: Driveway, Garage (Single Door)
Location
- Area: 605 - Arcadia
- County: Los Angeles
- Development Name: 605 - Arcadia
- Driving Directions: N/Duarte Rd. E/ Santa Anita Ave.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Ranch
- Roof: Composition
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,919
- Year Built: 1949
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1671
- Lot Size Source: Assessor
- Zoning: ARR2YY
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $703.49
- Price Per Unit: 600000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Re/Max Premier Prop Arcadia, Pauline Cheng
Sold by Harvest Realty Development, Karen Yu
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Schools
Schools serving 700 S 2nd Ave
School District:Arcadia Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
700 Camino Grove Ave, Arcadia, CA 91006 | K-5 | 0.6 mi | |
1401 S 1st Ave, Arcadia, CA 91006 | 6-8 | 0.6 mi | |
180 Campus Dr, Arcadia, CA 91007 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 S 2nd Ave
Date
Details
Price
Change
Source
1/19/2024
Sold
$1,350,000
12.5%
MLS
11/30/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
700 S 2nd Avenue, Arcadia, CA 91006 (MLS# AR23217768) is a Multi-Family property that was sold at $1,350,000 on January 19, 2024. Want to learn more about 700 S 2nd Avenue? Do you have questions about finding other Multi-Family real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.