Arcadia, CA 91006,1505 S 4th Avenue
Arcadia, CA 91006,1505 S 4th Avenue
Arcadia, CA 91006,1505 S 4th Avenue
$900,000
Est. payment /mo
$1,050,000
14.3%
Est.Price: ?

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3 Beds
1 Bath
9,836 Sqft Lot
SOLD DATE : 12/22/2021

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC21223215

Sold Date 12/22/21

Bedrooms 3

HOA Y/N No

Lot Size 9,836 Sqft

Property Description

POTENTIAL GALORE !!! A Very Rare and Unique Opportunity to Purchase this nearly 1/4 acre Property. Located in a Prime Location this home is ready to be Updated, Upgrade and Expand OR build an ADU approved up to 1,000 square feet OR Take Advantage of SB8 and SB9 and Build either 2 Units or up to 4 Units!!! You will need to do your own due diligence for all the latest updates from the City of Arcadia. If a New Single Unit Home is constructed the Maximum Square Footage allowed is as follows: Floor Area up to 4,436 Square Feet and Lot Coverage up to 3,442 Square Feet. The Lot/Home directly in front of it at 1503 S. 4th Avenue is also for sale !!. Your Choice to either keep the Lots Separate OR combine them into One Lot (already Zoned for this by the City of Arcadia). There is an easement granting access to this home on the south side of the property at 1503 S. 4th Avenue that will remain in place if the lots are sold separately. In addition there is a long term month to month tenant in place giving the option to use as an Income Producing Property. Owner May Carry a Loan if needed. DO NOT DISTURB THE TENANTS.
POTENTIAL GALORE !!! A Very Rare and Unique Opportunity to Purchase this nearly 1/4 acre Property. Located in a Prime Location this home is ready to be Updated, Upgrade and Expand OR build an ADU approved up to 1,000 square feet OR Take Advantage of SB8 and SB9 and Build either 2 Units or up to 4 Units!!! You will need to do your own due diligence for all the latest updates from the City of Arcadia. If a New Single Unit Home is constructed the Maximum Square Footage allowed is as follows: Floor Area up to 4,436 Square Feet and Lot Coverage up to 3,442 Square Feet. The Lot/Home directly in front of it at 1503 S. 4th Avenue is also for sale !!. Your Choice to either keep the Lots Separate OR combine them into One Lot (already Zoned for this by the City of Arcadia). There is an easement granting access to this home on the south side of the property at 1503 S. 4th Avenue that will remain in place if the lots are sold separately. In addition there is a long term month to month tenant in place giving the option to use as an Income Producing Property. Owner May Carry a Loan if needed. DO NOT DISTURB THE TENANTS.

Location

State CA

County Los Angeles

Area Arcadia (91006)

Zoning Assessor

Interior

Cooling Other/Remarks

Building

Lot Description Easement Access

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry

Space Rent $2,350

Listing Terms Cash, Conventional, Exchange, Seller May Carry

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Karyn Sontag • Keller Williams OC Coastal Realty
Bought with YAOTIAN LUO • SKYWAY INVESTMENT CORP.
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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