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SOLD 4/2/2024
Listing provided courtesy of Listing Broker: Maggie Ly, Re/Max Premier Prop SanMarino
Source CRMLS
624 S Santa Anita AveArcadia, CA 91006
$2,380,000
bed
bath
0sq ft
624 S Santa Anita Ave, Arcadia, CA 91006
Major Price reduction. This prime mixed-use corner property in the heart of Arcadia offers a unique opportunity for investors and business owners alike. The property features one ~4,500 sq. ft. retail unit on the first floor and six residential units on the second floor of ~2,800 sqft. Total Building Area is ~7,110 sqft. Located on ...

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Home facts
Listing
Status
Closed
Listed 3 months ago
Property type Other
Property
Year Built 1942
Style
Community
Lot Size 9,252 sq ft
MLS # AR23198135
Price
List price $2,380,000
Price/sq ft $
Home details
Interior Features & Layout
Interior Features
Entry Location: 1
Virtual Tour
Virtual Tour Link: https://youtu.be/UsF-GQN_Mpw
Rooms Info
Entry Level: 1
Appliances
Laundry Features: Common Area

Property, Lot, Community & Exterior Features
Multi-Unit Info
Number Of Units Total: 7
Parking Info
Garage Spaces: 0.0
Parking Spaces: 0.0
Building Info
Building Area Units: SquareFeet
Total Sq. Ft.: 7198.0
MLS Property Type: Residential Income
Number of Stories: 2
Year Built Source: Public Records
Lot Info
Lot Size Source: Assessor
Elevation Units: Feet
6-10 Units/Acre
Walkstreet
Lot Size Area: 9252.0
Acres: 0.2124
Lot Size Units: Square Feet
Community Info
Number Of Buildings: 1
Community Features: Urban
Property Features
Common Walls: No Common Walls

Utilities & Other Information
Utility Info
Number Of Separate Electric Meters: 1
Electricity Available
Natural Gas Available
Number Of Separate Gas Meters: 1
Number Of Separate Water Meters: 1
Water & Sewer Info
Water Source: Public
Sewer: Public Sewer

Listing Details, Costs & Financing Information
Financial Info
Water Sewer Expense: 2700.0
Gross Income: 213156.0
Fuel Expense: 13000.0
Trash Expense: 6000.0
Insurance Expense: 9700.0
Gross Scheduled Income: 213156.0
Operating Expense: 95680.0
Terms
Concessions Comments: Credited for Tenants’ utility fees
Terms: Cash to New Loan
Lease Info
Net Operating Income: 117476.0
Tax/Assessment Info
2.250
2.250
APN: 5779012001
Listing Details
Status: Closed
Originating System Name: CRMLS
Other
Electric Expense: 17000.0

School Neighborhood & Directions
Location
Zip Code: 91006
Area: 605 - Arcadia
Zip Code +4: 3532
Directions: Take Exit 210 for Santa Anita Ave South. Continue south on Santa Anita Ave and pass Huntington Dr. The Property will be on your left at the corner of Santa Anita and Genoa.
Country: US
Neighborhood
49
Listings
13
Days listed
$609.49
Price per sqft
101.60%
Sold over list %
Property history
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