5 unit residential property located in the City of Arcadia near the Downtown Arcadia. This property consists of 2 buildings with 3 units in the front and 2 units in the rear above the garages. 1 Unit is a 2 bed/ 1 bath and 4 units are 1 bed/ 1 bath. There is onsite garage parking spaces for tenants via alley and open street parking. Each unit has its own water heater with separate gas and electric meters. Property has room to increase rents that should allow to generate more income over the years. There is a laundry room that also can generate additional income. The property is located within walking distance to the Metro line off 1st Street and Santa Clara St. There are many Shops, Restaurants, Parks and Fast Food near the Downtown that gives this property an excellent future to own and grow your rents.
Property Details
Price:
$1,695,000
MLS #:
PW25116749
Status:
Active
Baths:
0
Address:
126 E Colorado Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
605arcadia
City:
Arcadia
Listed Date:
May 25, 2025
State:
CA
ZIP:
91006
Lot Size:
6,851 sqft / 0.16 acres (approx)
Year Built:
1949
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Community Features
Curbs, Golf, Park, Sidewalks, Street Lights, Suburban
Garage Spaces
5.00
Lot Features
Lawn, Lot 6500-9999, Level
Parking Features
Assigned
Parking Spots
5.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address126 E Colorado Boulevard Arcadia CA
- Area605 – Arcadia
- CityArcadia
- CountyLos Angeles
- Zip Code91006
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126 E Colorado Boulevard
Arcadia, CA
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