Seller's Agent in 2023
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
2 in this area
96 Total Sales
1125 Arcadia Ave Arcadia, CA 91007
5
Beds
4
Baths
26,216
Sq Ft
0.87
Acres
Highlights
- 0.87 Acre Lot
- Community Pool
- Central Heating and Cooling System
- Baldwin Stocker Elementary School Rated A+
- Laundry Room
- 18 Car Garage
About This Home
As of January 2023This massive property in the City of Arcadia seldom hits the market. The property consists of 2 buildings making up 18 units. With nine 3 bedroom, 2 bath units, and nine 2 bedroom, 2 bath units, these units are extremely large. Ranging from 1,400 SF to 1,700 SF each, these apartments appeal to many families living in Arcadia. Situated on a huge 37,884 SF lot, the property has a ton of parking with 18 garage spaces with an additional 17 carport spaces. The property is very well-maintained by the current owners, leaving the interior and exterior of the units in great condition. A small pool offers an additional amenity for the tenants to enjoy. 1125 Arcadia is being sold alongside 1119 Arcadia (12 units adjacent), and while the owner prefers that both are sold together, they can be purchased individually.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 11/04/2022
Co-Listed By
Caleb Baldwin
INTI Realty License #02056751
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 0.87 Acre Lot
- Two or More Common Walls
- Rectangular Lot
- Flag Lot
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 18 Car Garage
- 17 Carport Spaces
- Parking Available
Home Design
- 26,216 Sq Ft Home
- Apartment
- Turnkey
- Flat Roof Shape
- Shingle Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Laundry Room
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 96
- Tax Tract Number 2731
- Assessor Parcel Number 5379028024
- $5,683 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 18 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
- Bike Trail
Building Details
- 18 Leased Units
- Rent Control
- 19 Separate Electric Meters
- 19 Separate Gas Meters
- 19 Separate Water Meters
- Electric Expense $3,839
- Fuel Expense $502
- Gardener Expense $1,800
- Insurance Expense $11,961
- Maintenance Expense $46,631
- Pest Control $780
- Pool Expense $1,680
- Professional Management Expense $19,333
- Trash Expense $5,703
- Water Sewer Expense $5,269
- New Taxes Expense $121,875
- Operating Expense $197,580
- Gross Income $460,980
- Net Operating Income $249,571
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2023 01/27/23 | Sold | $8,800,000 | -9.7% | $336 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/04/2022 11/04/22 | For Sale | $9,750,000 | 0.0% | $372 / Sq Ft |
| 08/19/2022 08/19/22 | Rented | $2,650 | +1.0% | -- |
| 07/30/2022 07/30/22 | Price Changed | $2,625 | -4.5% | $2 / Sq Ft |
| 07/26/2022 07/26/22 | Price Changed | $2,750 | -5.0% | $2 / Sq Ft |
| 07/06/2022 07/06/22 | For Rent | $2,895 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $103,202 | $9,155,520 | $4,993,920 | $4,161,600 |
| 2024 | $103,202 | $8,976,000 | $4,896,000 | $4,080,000 |
| 2023 | $18,284 | $1,131,507 | $240,343 | $891,164 |
| 2022 | $17,764 | $1,109,322 | $235,631 | $873,691 |
| 2021 | $17,285 | $1,087,571 | $231,011 | $856,560 |
| 2019 | $16,934 | $1,056,315 | $224,160 | $832,155 |
| 2018 | $62,908 | $5,411,000 | $3,246,000 | $2,165,000 |
| 2016 | $15,258 | $994,449 | $211,232 | $783,217 |
| 2015 | $15,010 | $979,513 | $208,060 | $771,453 |
| 2014 | $14,936 | $960,327 | $203,985 | $756,342 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
-
C
Seller Co-Listing Agent in 2023
Caleb Baldwin
INTI Realty
-
Benjamin Hsiang
Buyer's Agent in 2023
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
7 in this area
73 Total Sales
-
Alexander Metaxas
Buyer's Agent in 2023
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
6 in this area
37 Total Sales
-
David Haub
Seller's Agent in 2022
David Haub
CalTerra Partners
(562) 598-0649
17 Total Sales
-
Mike Sackett
Buyer's Agent in 2022
Mike Sackett
Dilbeck Real Estate
(626) 584-0101
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22235703
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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