516 W Camino Real Avenue, Arcadia, California 91007

$1,750,000

Overview

Property ID: P1-27802

Triplex, Residential Income
Property Type

3.0
Garages

3218 Sqft
Area Size

1955
Year Built

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. Offer Deadline Friday, July 10